157 PAYNE RoadSatsumaFL32189
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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 Satsuma at 157 PAYNE Road, Satsuma, FL, 32189 generates $1,584/mo in rent and, after a $710/mo payment, leaves $621/mo in cash flow. Total monthly income is $1,584/mo, and annual cash flow is $7,458/yr on $48,067 invested. Return on cash invested sits at 35.42% in year one, and rental yield is 13.11% on a $144,999 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 186.68% and total cumulative return in cash sums $89,732. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,584/mo property income rather than buyer’s personal income.
Manufactured
Built in 1986
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32189, Satsuma, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,467 (100%) |
| Owner Occupied HU | 2,237 (64.5%) |
| Renter Occupied HU | 467 (13.5%) |
| Vacant Housing Units | 763 (22.0%) |
| Median Home Value | $121,688 |
| Average Home Value | $206,308 |
Housing Distribution
Address Breakdown
Residential
2,813
Single Family
2,658
Multi-Family
155
Businesses
43
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Listed by: REBECCA WILLIAMS • IHEART REALTY INC
Mls Name: realMLS
Mls Provider:
Mls ID: #2040783
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. Data is deemed reliable but is not guaranteed accurate by realMLS.