16505 NE 83RD PlaceHawthorneFL32640
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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 Hawthorne at 16505 NE 83RD Place, Hawthorne, FL, 32640 uses $82,875 cash to close to unlock $2,983/yr annual cash flow and $249/mo monthly cash flow. Total monthly income runs $1,908/mo, and a $1,224/mo payment keeps the spread at $249/mo. Purchase price stands at $250,000, and rental yield measures 9.16% with $1,908/mo rent. Return on cash invested shows 23.51% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 122.74% and total cumulative return in cash records $101,722. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,908/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1990
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32640, Hawthorne, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,548 (100%) |
| Owner Occupied HU | 3,734 (67.3%) |
| Renter Occupied HU | 791 (14.3%) |
| Vacant Housing Units | 1,023 (18.4%) |
| Median Home Value | $223,379 |
| Average Home Value | $249,071 |
Housing Distribution
Address Breakdown
Residential
4,379
Single Family
4,379
Multi-Family
0
Businesses
201
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