16016 NE Us Highway 301WaldoFL32694
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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 Waldo at 16016 NE Us Highway 301, Waldo, FL, 32694 generates $1,431/mo in rent and, after a $930/mo payment, leaves $170/mo in cash flow. Total monthly income is $1,431/mo, and annual cash flow is $2,041/yr on $62,985 invested. Return on cash invested sits at 23.15% in year one, and rental yield is 9.04% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 120.89% and total cumulative return in cash sums $76,140. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,431/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32694, Waldo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,025 (100%) |
| Owner Occupied HU | 716 (69.9%) |
| Renter Occupied HU | 171 (16.7%) |
| Vacant Housing Units | 138 (13.5%) |
| Median Home Value | $154,412 |
| Average Home Value | $269,689 |
Housing Distribution
Address Breakdown
Residential
647
Single Family
647
Multi-Family
0
Businesses
54
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