1256 Mira Mar Ave #1256Lady LakeFL32159
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Lady Lake at 1256 Mira Mar Ave #1256, Lady Lake, FL, 32159 uses $126,799 cash to close to unlock $14,950/yr annual cash flow and $1,246/mo monthly cash flow. Total monthly income runs $3,784/mo, and a $1,872/mo payment keeps the spread at $1,246/mo. Purchase price stands at $382,500, and rental yield measures 11.87% with $3,784/mo rent. Return on cash invested shows 31.7% in year one, and 5% annual appreciation builds toward $105,678 over five years. Five-year ROI reaches 166.64% and total cumulative return in cash records $211,302. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,784/mo property income covering a $1,872/mo payment rather than investor’s personal income.
Condo
Built in 2000
2,007 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32159, Lady Lake, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,860 (100%) |
| Owner Occupied HU | 13,610 (68.5%) |
| Renter Occupied HU | 3,064 (15.4%) |
| Vacant Housing Units | 3,186 (16.0%) |
| Median Home Value | $352,165 |
| Average Home Value | $367,814 |
Housing Distribution
Address Breakdown
Residential
18,353
Single Family
6,385
Multi-Family
11,968
Businesses
722
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