137 RIVERSHORE DriveSan MateoFL32187
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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 San Mateo at 137 RIVERSHORE Drive, San Mateo, FL, 32187 offers a 8.96% rental yield on a $289,900 purchase with $2,165/mo rent. Total monthly income registers $2,165/mo, and a $1,419/mo payment leaves $241/mo available for distribution. Annual cash flow reaches $2,893/yr on $96,102 to close, and return on cash invested stands at 22.92% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,094 over five years. Portfolio math shows five-year ROI at 119.61% and total cumulative return in cash at $114,945. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,165/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2018
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32187, San Mateo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 919 (100%) |
| Owner Occupied HU | 675 (73.4%) |
| Renter Occupied HU | 146 (15.9%) |
| Vacant Housing Units | 98 (10.7%) |
| Median Home Value | $246,849 |
| Average Home Value | $283,922 |
Housing Distribution
Address Breakdown
Residential
704
Single Family
704
Multi-Family
0
Businesses
62
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Listed by: JASON ROGERS • IHEART REALTY INC
Mls Name: realMLS
Mls Provider:
Mls ID: #2075814
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. Data is deemed reliable but is not guaranteed accurate by realMLS.