14927 NW Red Oak LnAlthaFL32421
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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 Altha at 14927 NW Red Oak Ln, Altha, FL, 32421 uses $65,969 cash to close to unlock $3,341/yr annual cash flow and $278/mo monthly cash flow. Total monthly income runs $1,599/mo, and a $974/mo payment keeps the spread at $278/mo. Purchase price stands at $199,000, and rental yield measures 9.64% with $1,599/mo rent. Return on cash invested shows 24.97% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 130.63% and total cumulative return in cash records $86,178. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,599/mo property income covering a $974/mo payment rather than investor’s personal income.
Manufactured
Built in 2017
3.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32421, Altha, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,919 (100%) |
| Owner Occupied HU | 1,396 (72.7%) |
| Renter Occupied HU | 259 (13.5%) |
| Vacant Housing Units | 264 (13.8%) |
| Median Home Value | $155,430 |
| Average Home Value | $168,225 |
Housing Distribution
Address Breakdown
Residential
1,825
Single Family
1,825
Multi-Family
0
Businesses
52
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