17428 SE 37th LnOcklawahaFL32179
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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 Ocklawaha at 17428 SE 37th Ln, Ocklawaha, FL, 32179 generates $1,356/mo in rent and, after a $857/mo payment, leaves $194/mo in cash flow. Total monthly income is $1,356/mo, and annual cash flow is $2,331/yr on $58,013 invested. Return on cash invested sits at 23.93% in year one, and rental yield is 9.3% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 125.03% and total cumulative return in cash sums $72,535. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,356/mo property income rather than buyer’s personal income.
Manufactured
Built in 1974
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32179, Ocklawaha, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,360 (100%) |
| Owner Occupied HU | 3,521 (65.7%) |
| Renter Occupied HU | 796 (14.9%) |
| Vacant Housing Units | 1,043 (19.5%) |
| Median Home Value | $172,385 |
| Average Home Value | $253,740 |
Housing Distribution
Address Breakdown
Residential
4,382
Single Family
4,381
Multi-Family
1
Businesses
50
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