16429 SE 115th Place RdOcklawahaFL32179
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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 Ocklawaha at 16429 SE 115th Place Rd, Ocklawaha, FL, 32179 offers a 10.21% rental yield on a $248,888 purchase with $2,117/mo rent. Total monthly income registers $2,117/mo, and a $1,218/mo payment leaves $466/mo available for distribution. Annual cash flow reaches $5,586/yr on $82,506 to close, and return on cash invested stands at 26.68% in year one. Equity gained on principal adds $1,606/yr while 5% annual appreciation supports $68,763 over five years. Portfolio math shows five-year ROI at 139.75% and total cumulative return in cash at $115,305. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,117/mo property income against a $1,218/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32179, Ocklawaha, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,360 (100%) |
| Owner Occupied HU | 3,521 (65.7%) |
| Renter Occupied HU | 796 (14.9%) |
| Vacant Housing Units | 1,043 (19.5%) |
| Median Home Value | $172,385 |
| Average Home Value | $253,740 |
Housing Distribution
Address Breakdown
Residential
4,382
Single Family
4,381
Multi-Family
1
Businesses
50
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