1320 N Paris StBellFL32619
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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 Bell at 1320 N Paris St, Bell, FL, 32619 priced at $119,900 converts $943/mo rent into $147/mo cash flow after a $587/mo obligation. Total monthly income equals $943/mo, and annual cash flow totals $1,766/yr on $39,747 invested. Return on cash invested prints 24.35% in year one, and rental yield reads 9.44% against a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,126 by year five. Five-year ROI reaches 127.38% and total cumulative return in cash sums $50,628. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $943/mo property income covering a $587/mo payment, not borrower’s personal income.
Manufactured
Built in 1983
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32619, Bell, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,493 (100%) |
| Owner Occupied HU | 1,862 (74.7%) |
| Renter Occupied HU | 278 (11.2%) |
| Vacant Housing Units | 353 (14.2%) |
| Median Home Value | $203,731 |
| Average Home Value | $238,400 |
Housing Distribution
Address Breakdown
Residential
2,083
Single Family
2,083
Multi-Family
0
Businesses
97
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Listed by: Rebecca White • RL White Realty
Mls Name: Dixie-Gilchrist Levy Counties BOR
Mls Provider:
Mls ID: #793852
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.