138 SE 245th StSuwanneeFL32628
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 Suwannee at 138 SE 245th St, Suwannee, FL, 32628 offers a 7.57% rental yield on a $450,000 purchase with $2,839/mo rent. 23% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 94.62% and total cumulative return in cash at $141,150. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,839/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32628, Cross City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,658 (100%) |
| Owner Occupied HU | 958 (57.8%) |
| Renter Occupied HU | 395 (23.8%) |
| Vacant Housing Units | 305 (18.4%) |
| Median Home Value | $106,132 |
| Average Home Value | $139,982 |
Housing Distribution
Address Breakdown
Residential
1,032
Single Family
999
Multi-Family
33
Businesses
174
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brad Smith • United Country Smith & Associates Trenton
Mls Name: Dixie-Gilchrist Levy Counties BOR
Mls Provider:
Mls ID: #790867
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.