1715 NE Stokes LnSteinhatcheeFL32359
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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 Steinhatchee at 1715 NE Stokes Ln, Steinhatchee, FL, 32359 priced at $449,000 pairs $2,880/mo rent with after a $2,198/mo payment. Total monthly income equals $2,880/mo. Return on cash invested is 19.1% in year one, and rental yield stands at 7.7% on a $449,000 basis. Equity gained on principal adds $2,897/yr, and 5% annual appreciation accumulates to $124,050 by year five. Five-year ROI measures 99.09% and total cumulative return in cash reaches $147,496. For financing, Ziffy Mortgage’s DSCR program evaluates $2,880/mo property income against a $2,198/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1985
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32359, Steinhatchee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,308 (100%) |
| Owner Occupied HU | 776 (33.6%) |
| Renter Occupied HU | 123 ( 5.3%) |
| Vacant Housing Units | 1,409 (61.0%) |
| Median Home Value | $157,843 |
| Average Home Value | $241,553 |
Housing Distribution
Address Breakdown
Residential
634
Single Family
633
Multi-Family
1
Businesses
85
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Listed by: Dewey Hatcher • Hatcher Realty Services, Inc. Steinhatchee
Mls Name: Dixie-Gilchrist Levy Counties BOR
Mls Provider:
Mls ID: #790795
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