16500 NW 122nd TerReddickFL32686
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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 Reddick at 16500 NW 122nd Ter, Reddick, FL, 32686 earns from $3,600/mo rent with a $9,177/mo payment. Total monthly income totals $3,600/mo. ROI tracks 2.9% on current figures, and rental yield reads 2.3% at a $1,875,000 purchase. Equity gained on principal adds $12,099/yr, and 5% annual appreciation supports $518,028 over five years. Five-year ROI reaches 12.15% and total cumulative return in cash sums $73,802. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,600/mo property income instead of your personal income.
Single Family
Built in 2003
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32686, Reddick, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,776 (100%) |
| Owner Occupied HU | 1,822 (65.6%) |
| Renter Occupied HU | 460 (16.6%) |
| Vacant Housing Units | 494 (17.8%) |
| Median Home Value | $361,867 |
| Average Home Value | $486,017 |
Housing Distribution
Address Breakdown
Residential
1,953
Single Family
1,953
Multi-Family
0
Businesses
103
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Listed by: Tasha Osbourne • GOLDEN OCALA REAL ESTATE INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #OM689945
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511