13690 NE 247th CtSalt SpringsFL32134
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 Salt Springs at 13690 NE 247th Ct, Salt Springs, FL, 32134 uses $37,725 cash to close to unlock $8,648/yr annual cash flow and $721/mo monthly cash flow. Total monthly income runs $1,483/mo, and a $557/mo payment keeps the spread at $721/mo. Purchase price stands at $113,800, and rental yield measures 15.64% with $1,483/mo rent. Return on cash invested shows 42.83% in year one, and 5% annual appreciation builds toward $31,441 over five years. Five-year ROI reaches 226.5% and total cumulative return in cash records $85,445. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,483/mo property income covering a $557/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32134, Fort Mc Coy, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,488 (100%) |
| Owner Occupied HU | 3,095 (56.4%) |
| Renter Occupied HU | 513 ( 9.3%) |
| Vacant Housing Units | 1,880 (34.3%) |
| Median Home Value | $179,058 |
| Average Home Value | $242,406 |
Housing Distribution
Address Breakdown
Residential
4,173
Single Family
4,173
Multi-Family
0
Businesses
118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A