16691 NW 128th 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 16691 NW 128th Ter, Reddick, FL, 32686 earns $1,317/mo cash flow from $2,170/mo rent with a $513/mo payment. Total monthly income totals $2,170/mo, and annual cash flow totals $15,805/yr on $34,774 capital. ROI tracks 65.36% on current figures, and rental yield reads 24.82% at a $104,900 purchase. Equity gained on principal adds $677/yr, and 5% annual appreciation supports $28,982 over five years. Five-year ROI reaches 349.28% and total cumulative return in cash sums $121,458. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,170/mo property income instead of your personal income.
Manufactured
Built in 1991
3.32 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: Mike LeRoy • COLDWELL BANKER M.M. PARRISH REALTORS
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #GC526811
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