16291 E East Point RdCedar KeyFL32625
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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 Cedar Key at 16291 E East Point Rd, Cedar Key, FL, 32625 offers a 6.07% rental yield on a $775,000 purchase with $3,920/mo rent. 7% in year one. Equity gained on principal adds $5,001/yr while 5% annual appreciation supports $214,118 over five years. Portfolio math shows five-year ROI at 65.31% and total cumulative return in cash at $166,519. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,920/mo property income against a $3,793/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
4,791 sqft lot
$N/A/sqft
$240 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32625, Cedar Key, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,222 (100%) |
| Owner Occupied HU | 659 (53.9%) |
| Renter Occupied HU | 107 ( 8.8%) |
| Vacant Housing Units | 456 (37.3%) |
| Median Home Value | $324,820 |
| Average Home Value | $398,634 |
Housing Distribution
Address Breakdown
Residential
569
Single Family
569
Multi-Family
0
Businesses
127
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