160 River Dr EEast PalatkaFL32131
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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 East Palatka at 160 River Dr E, East Palatka, FL, 32131 earns $471/mo cash flow from $2,654/mo rent with a $1,610/mo payment. Total monthly income totals $2,654/mo, and annual cash flow totals $5,652/yr on $109,064 capital. ROI tracks 25.09% on current figures, and rental yield reads 9.68% at a $329,000 purchase. Equity gained on principal adds $2,123/yr, and 5% annual appreciation supports $90,897 over five years. Five-year ROI reaches 131.22% and total cumulative return in cash sums $143,109. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,654/mo property income instead of your personal income.
Single Family
Built in 1964
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32131, East Palatka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,148 (100%) |
| Owner Occupied HU | 1,598 (74.4%) |
| Renter Occupied HU | 294 (13.7%) |
| Vacant Housing Units | 256 (11.9%) |
| Median Home Value | $345,878 |
| Average Home Value | $457,164 |
Housing Distribution
Address Breakdown
Residential
1,821
Single Family
1,764
Multi-Family
57
Businesses
148
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