16690 NE 51st StWillistonFL32696
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Williston at 16690 NE 51st St, Williston, FL, 32696 uses $197,400 cash to close to unlock $3,024/yr annual cash flow and $252/mo monthly cash flow. Total monthly income runs $4,234/mo, and a $2,937/mo payment keeps the spread at $252/mo. Purchase price stands at $600,000, and rental yield measures 8.47% with $4,234/mo rent. Return on cash invested shows 21.59% in year one, and 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 112.42% and total cumulative return in cash records $221,916. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,234/mo property income covering a $2,937/mo payment rather than investor’s personal income.
Single Family
Built in 1984
3.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32696, Williston, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,898 (100%) |
| Owner Occupied HU | 4,366 (74.0%) |
| Renter Occupied HU | 996 (16.9%) |
| Vacant Housing Units | 536 ( 9.1%) |
| Median Home Value | $265,033 |
| Average Home Value | $315,415 |
Housing Distribution
Address Breakdown
Residential
5,536
Single Family
5,536
Multi-Family
0
Businesses
400
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chad Shaffer • Home Env Realty
Mls Name: Dixie-Gilchrist Levy Counties BOR
Mls Provider:
Mls ID: #794889
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.