1742 SE 38th AveOcalaFL34471
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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 1742 SE 38th Ave, Ocala, FL, 34471 generates $2,686/mo in rent and, after a $1,952/mo payment, leaves $40/mo in cash flow. Total monthly income is $2,686/mo, and annual cash flow is $474/yr on $132,186 invested. Return on cash invested sits at 20.27% in year one, and rental yield is 8.08% on a $398,750 entry. Equity gained on principal adds $2,573/yr, while 5% annual appreciation builds toward $110,167 over five years. Five-year ROI reaches 105.36% and total cumulative return in cash sums $139,267. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,686/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
0.37 Acres 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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Listed by: Crystal McCall • KELLER WILLIAMS CORNERSTONE RE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #OM705108
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. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511