130 Simpson AveMonticelloFL32344
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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
Rental property for sale in Monticello at 130 Simpson Ave, Monticello, FL, 32344 priced at $269,000 converts $2,189/mo rent into $403/mo cash flow after a $1,317/mo obligation. Total monthly income equals $2,189/mo, and annual cash flow totals $4,842/yr on $89,174 invested. Return on cash invested prints 25.34% in year one, and rental yield reads 9.77% against a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation compiles into $74,320 by year five. Five-year ROI reaches 132.58% and total cumulative return in cash sums $118,223. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,189/mo property income covering a $1,317/mo payment, not borrower’s personal income.
Single Family
Built in 1935
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32344, Monticello, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,100 (100%) |
| Owner Occupied HU | 4,229 (69.3%) |
| Renter Occupied HU | 1,142 (18.7%) |
| Vacant Housing Units | 729 (12.0%) |
| Median Home Value | $238,535 |
| Average Home Value | $295,786 |
Housing Distribution
Address Breakdown
Residential
5,330
Single Family
5,295
Multi-Family
35
Businesses
311
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Listed by: Suzanna Malone • Lauer Real Estate Group LLC
Mls Name: TBR
Mls ID: #388780