166 WATERWAY AvenueSatsumaFL32189
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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 Satsuma at 166 WATERWAY Avenue, Satsuma, FL, 32189 with 5% annual appreciation on a $299,000 basis while $2,347/mo rent supports operations. Total monthly income totals $2,347/mo and a $1,463/mo payment preserves $363/mo for cash returns. Annual cash flow comes to $4,359/yr on $99,119 deployed, and return on cash invested reaches 24.31% in year one. Equity gained on principal adds $1,929/yr, and five-year appreciation sums $82,608 alongside rental yield of 9.42%. Five-year ROI measures 127.03% and total cumulative return in cash totals $125,914.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,347/mo property income versus a $1,463/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32189, Satsuma, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,467 (100%) |
| Owner Occupied HU | 2,237 (64.5%) |
| Renter Occupied HU | 467 (13.5%) |
| Vacant Housing Units | 763 (22.0%) |
| Median Home Value | $121,688 |
| Average Home Value | $206,308 |
Housing Distribution
Address Breakdown
Residential
2,813
Single Family
2,658
Multi-Family
155
Businesses
43
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