1689 NE 161st PlCitraFL32113
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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 Citra at 1689 NE 161st Pl, Citra, FL, 32113 uses $85,593 cash to close to unlock $7,420/yr annual cash flow and $618/mo monthly cash flow. Total monthly income runs $2,332/mo, and a $1,264/mo payment keeps the spread at $618/mo. Purchase price stands at $258,200, and rental yield measures 10.84% with $2,332/mo rent. Return on cash invested shows 28.58% in year one, and 5% annual appreciation builds toward $71,336 over five years. Five-year ROI reaches 149.96% and total cumulative return in cash records $128,356. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,332/mo property income covering a $1,264/mo payment rather than investor’s personal income.
Single Family
Built in 2021
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32113, Citra, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,113 (100%) |
| Owner Occupied HU | 2,105 (67.6%) |
| Renter Occupied HU | 440 (14.1%) |
| Vacant Housing Units | 568 (18.2%) |
| Median Home Value | $209,211 |
| Average Home Value | $263,233 |
Housing Distribution
Address Breakdown
Residential
2,759
Single Family
2,759
Multi-Family
0
Businesses
108
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