12991 SE 21st PlMorristonFL32668
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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 Morriston at 12991 SE 21st Pl, Morriston, FL, 32668 uses $132,567 cash to close to unlock $6,714/yr annual cash flow and $560/mo monthly cash flow. Total monthly income runs $3,213/mo, and a $1,957/mo payment keeps the spread at $560/mo. Purchase price stands at $399,900, and rental yield measures 9.64% with $3,213/mo rent. Return on cash invested shows 24.97% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 130.59% and total cumulative return in cash records $173,120. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,213/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Manufactured
Built in 2022
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32668, Morriston, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,048 (100%) |
| Owner Occupied HU | 2,332 (76.5%) |
| Renter Occupied HU | 354 (11.6%) |
| Vacant Housing Units | 362 (11.9%) |
| Median Home Value | $280,412 |
| Average Home Value | $344,600 |
Housing Distribution
Address Breakdown
Residential
2,714
Single Family
2,714
Multi-Family
0
Businesses
41
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Listed by: Deborah Winningham • 360 Realty Solutions Inc
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #841482
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.