140 SE 32nd AveCross CityFL32628
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
Rental property for sale in Cross City at 140 SE 32nd Ave, Cross City, FL, 32628 generates $1,358/mo in rent and, after a $807/mo payment, leaves $264/mo in cash flow. Total monthly income is $1,358/mo, and annual cash flow is $3,166/yr on $54,664 invested. Return on cash invested sits at 25.7% in year one, and rental yield is 9.88% on a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 134.51% and total cumulative return in cash sums $73,528. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,358/mo property income rather than buyer’s personal income.
Manufactured
Built in 2023
1.03 Acres 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: Dewey Hatcher • Hatcher Realty Services, Inc. Steinhatchee
Mls Name: Dixie-Gilchrist Levy Counties BOR
Mls Provider:
Mls ID: #794708
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.