1614 Cherry Hill RdLady LakeFL32159
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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 Lady Lake at 1614 Cherry Hill Rd, Lady Lake, FL, 32159 earns $117/mo cash flow from $1,606/mo rent with a $1,098/mo payment. Total monthly income totals $1,606/mo, and annual cash flow totals $1,406/yr on $74,389 capital. ROI tracks 21.8% on current figures, and rental yield reads 8.59% at a $224,400 purchase. Equity gained on principal adds $1,448/yr, and 5% annual appreciation supports $61,998 over five years. Five-year ROI reaches 113.61% and total cumulative return in cash sums $84,517. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,606/mo property income instead of your personal income.
Manufactured
Built in 1988
5,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32159, Lady Lake, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,860 (100%) |
| Owner Occupied HU | 13,610 (68.5%) |
| Renter Occupied HU | 3,064 (15.4%) |
| Vacant Housing Units | 3,186 (16.0%) |
| Median Home Value | $352,165 |
| Average Home Value | $367,814 |
Housing Distribution
Address Breakdown
Residential
18,353
Single Family
6,385
Multi-Family
11,968
Businesses
722
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