1406 SE Wacahoota RdMicanopyFL32667
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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 Micanopy at 1406 SE Wacahoota Rd, Micanopy, FL, 32667 with 5% annual appreciation on a $385,700 basis while $3,545/mo rent supports operations. Total monthly income totals $3,545/mo and a $1,888/mo payment preserves $985/mo for cash returns. Annual cash flow comes to $11,823/yr on $127,860 deployed, and return on cash invested reaches 29.16% in year one. Equity gained on principal adds $2,489/yr, and five-year appreciation sums $106,562 alongside rental yield of 11.03%. Five-year ROI measures 153.03% and total cumulative return in cash totals $195,662.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,545/mo property income versus a $1,888/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32667, Micanopy, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,376 (100%) |
| Owner Occupied HU | 1,716 (72.2%) |
| Renter Occupied HU | 373 (15.7%) |
| Vacant Housing Units | 287 (12.1%) |
| Median Home Value | $375,414 |
| Average Home Value | $374,668 |
Housing Distribution
Address Breakdown
Residential
1,737
Single Family
1,737
Multi-Family
0
Businesses
124
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