1728 SW IRONWOOD DriveLake CityFL32025
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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 Lake City at 1728 SW IRONWOOD Drive, Lake City, FL, 32025 uses $49,394 cash to close to unlock $17,682/yr annual cash flow and $1,474/mo monthly cash flow. Total monthly income runs $2,556/mo, and a $729/mo payment keeps the spread at $1,474/mo. Purchase price stands at $149,000, and rental yield measures 20.59% with $2,556/mo rent. Return on cash invested shows 55.71% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 296.26% and total cumulative return in cash records $146,332. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,556/mo property income covering a $729/mo payment rather than investor’s personal income.
Single Family
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32025, Lake City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,127 (100%) |
| Owner Occupied HU | 5,155 (56.5%) |
| Renter Occupied HU | 3,163 (34.7%) |
| Vacant Housing Units | 809 ( 8.9%) |
| Median Home Value | $238,613 |
| Average Home Value | $278,138 |
Housing Distribution
Address Breakdown
Residential
8,161
Single Family
7,475
Multi-Family
686
Businesses
689
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Listed by: STEPHANI BARNES • MOMENTUM REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2043933
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. Data is deemed reliable but is not guaranteed accurate by realMLS.