16 NE 2nd StChieflandFL32626
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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 Chiefland at 16 NE 2nd St, Chiefland, FL, 32626 with 5% annual appreciation on a $228,900 basis while $2,429/mo rent supports operations. Total monthly income totals $2,429/mo and a $1,120/mo payment preserves $819/mo for cash returns. Annual cash flow comes to $9,828/yr on $75,880 deployed, and return on cash invested reaches 32.86% in year one. Equity gained on principal adds $1,477/yr, and five-year appreciation sums $63,241 alongside rental yield of 12.73%. Five-year ROI measures 173.39% and total cumulative return in cash totals $131,565.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,429/mo property income versus a $1,120/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1967
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32626, Chiefland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,610 (100%) |
| Owner Occupied HU | 3,078 (66.8%) |
| Renter Occupied HU | 888 (19.3%) |
| Vacant Housing Units | 644 (14.0%) |
| Median Home Value | $187,500 |
| Average Home Value | $284,986 |
Housing Distribution
Address Breakdown
Residential
3,794
Single Family
3,629
Multi-Family
165
Businesses
331
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Listed by: Francisco Seijas • Banersy Real Estate LLC
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #836613
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.