141 Shumard CtMonticelloFL32344
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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
Rental property for sale in Monticello at 141 Shumard Ct, Monticello, FL, 32344 priced at $575,000 converts $3,680/mo rent into after a $2,814/mo obligation. Total monthly income equals $3,680/mo. Return on cash invested prints 19.12% in year one, and rental yield reads 7.68% against a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation compiles into $158,862 by year five. Five-year ROI reaches 99.23% and total cumulative return in cash sums $187,715. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,680/mo property income covering a $2,814/mo payment, not borrower’s personal income.
Single Family
Built in 2021
0.90 Acres lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32344, Monticello, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,100 (100%) |
| Owner Occupied HU | 4,229 (69.3%) |
| Renter Occupied HU | 1,142 (18.7%) |
| Vacant Housing Units | 729 (12.0%) |
| Median Home Value | $238,535 |
| Average Home Value | $295,786 |
Housing Distribution
Address Breakdown
Residential
5,330
Single Family
5,295
Multi-Family
35
Businesses
311
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Listed by: Kara V Richetti • Real Broker LLC
Mls Name: TBR
Mls Provider:
Mls ID: #379399
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.