1320 Hornbeam DrBakerFL32531
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Baker at 1320 Hornbeam Dr, Baker, FL, 32531 uses $87,682 cash to close to unlock $5,572/yr annual cash flow and $464/mo monthly cash flow. Total monthly income runs $2,220/mo, and a $1,295/mo payment keeps the spread at $464/mo. Purchase price stands at $264,500, and rental yield measures 10.07% with $2,220/mo rent. Return on cash invested shows 26.26% in year one, and 5% annual appreciation builds toward $73,076 over five years. Five-year ROI reaches 137.55% and total cumulative return in cash records $120,602. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,220/mo property income covering a $1,295/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32531, Baker, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,909 (100%) |
| Owner Occupied HU | 2,193 (75.4%) |
| Renter Occupied HU | 417 (14.3%) |
| Vacant Housing Units | 299 (10.3%) |
| Median Home Value | $412,049 |
| Average Home Value | $429,881 |
Housing Distribution
Address Breakdown
Residential
2,895
Single Family
2,895
Multi-Family
0
Businesses
104
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jenny R Teel • Teel & Waters Real Estate Company Inc
Mls Name: ECAOR
Mls Provider:
Mls ID: #978038
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. Member number: 28189