1702-1704 NW 3rd TerOcalaFL34475
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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 Ocala at 1702-1704 NW 3rd Ter, Ocala, FL, 34475 offers a 12.14% rental yield on a $185,000 purchase with $1,872/mo rent. Total monthly income registers $1,872/mo, and a $905/mo payment leaves $645/mo available for distribution. Annual cash flow reaches $7,737/yr on $61,328 to close, and return on cash invested stands at 32.53% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 171.1% and total cumulative return in cash at $104,931. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,872/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1980
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34475, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,612 (100%) |
| Owner Occupied HU | 2,667 (47.5%) |
| Renter Occupied HU | 2,291 (40.8%) |
| Vacant Housing Units | 654 (11.7%) |
| Median Home Value | $225,000 |
| Average Home Value | $261,446 |
Housing Distribution
Address Breakdown
Residential
5,182
Single Family
4,114
Multi-Family
1,068
Businesses
805
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