142 FERNCREEK DriveGeorgetownFL32139
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 Georgetown at 142 FERNCREEK Drive, Georgetown, FL, 32139 priced at $179,900 pairs $1,436/mo rent with $242/mo cash flow after a $881/mo payment. Total monthly income equals $1,436/mo, and annual cash flow comes to $2,900/yr on $59,637 invested. Return on cash invested is 24.77% in year one, and rental yield stands at 9.58% on a $179,900 basis. Equity gained on principal adds $1,161/yr, and 5% annual appreciation accumulates to $49,703 by year five. Five-year ROI measures 129.52% and total cumulative return in cash reaches $77,241. For financing, Ziffy Mortgage’s DSCR program evaluates $1,436/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1998
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32139, Georgetown, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 857 (100%) |
| Owner Occupied HU | 499 (58.2%) |
| Renter Occupied HU | 95 (11.1%) |
| Vacant Housing Units | 263 (30.7%) |
| Median Home Value | $163,663 |
| Average Home Value | $285,346 |
Housing Distribution
Address Breakdown
Residential
606
Single Family
605
Multi-Family
1
Businesses
28
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Listed by: TRACI HUTCHINSON • ST JOHNS REALTY AND MANAGEMENT LLC
Mls Name: realMLS
Mls ID: #2088500