1511 Spring Hollow RdMonticelloFL32344
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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 Monticello at 1511 Spring Hollow Rd, Monticello, FL, 32344 listed at $269,000 pairs $1,861/mo rent with a $1,317/mo payment to leave $75/mo cash flow. Total monthly income runs $1,861/mo, and annual cash flow reaches $906/yr on $89,174 cash to close. Return on cash invested measures 20.92% in year one, and rental yield registers 8.3% at a $269,000 basis. Equity gained on principal adds $1,736/yr, and annual property appreciation at 5% supports $74,320 by year five. Five-year ROI tracks 108.91% and total cumulative return in cash totals $97,115. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,861/mo property income relative to a $1,317/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
0.87 Acres lot
$N/A/sqft
No 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: Pamela J Kelly • Kelly & Kelly Properties, Inc
Mls Name: TBR
Mls ID: #394368