1701 SE 24th Rd APT 1702OcalaFL34471
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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
Rental property for sale in Ocala at 1701 SE 24th Rd APT 1702, Ocala, FL, 34471 generates $1,800/mo in rent and, after a $890/mo payment, leaves $593/mo in cash flow. Total monthly income is $1,800/mo, and annual cash flow is $7,118/yr on $60,300 invested. Return on cash invested sits at 31.71% in year one, and rental yield is 11.87% on a $181,900 entry. Equity gained on principal adds $1,174/yr, while 5% annual appreciation builds toward $50,256 over five years. Five-year ROI reaches 166.81% and total cumulative return in cash sums $100,585. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,800/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
5,813 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34471, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,813 (100%) |
| Owner Occupied HU | 7,079 (55.2%) |
| Renter Occupied HU | 4,596 (35.9%) |
| Vacant Housing Units | 1,138 ( 8.9%) |
| Median Home Value | $368,289 |
| Average Home Value | $401,059 |
Housing Distribution
Address Breakdown
Residential
11,802
Single Family
9,490
Multi-Family
2,312
Businesses
1,569
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