16602 NE 124th AveWaldoFL32694
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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 Waldo at 16602 NE 124th Ave, Waldo, FL, 32694 earns from $4,908/mo rent with a $3,916/mo payment. Total monthly income totals $4,908/mo. ROI tracks 18.23% on current figures, and rental yield reads 7.36% at a $800,000 purchase. Equity gained on principal adds $5,162/yr, and 5% annual appreciation supports $221,025 over five years. Five-year ROI reaches 94.4% and total cumulative return in cash sums $248,468. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,908/mo property income instead of your personal income.
Single Family
Built in 1957
8.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32694, Waldo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,025 (100%) |
| Owner Occupied HU | 716 (69.9%) |
| Renter Occupied HU | 171 (16.7%) |
| Vacant Housing Units | 138 (13.5%) |
| Median Home Value | $154,412 |
| Average Home Value | $269,689 |
Housing Distribution
Address Breakdown
Residential
647
Single Family
647
Multi-Family
0
Businesses
54
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