1787 NE Cherry Lake CirMadisonFL32340
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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 Madison at 1787 NE Cherry Lake Cir, Madison, FL, 32340 listed at $1,065,000 pairs $3,493/mo rent with a $5,213/mo payment. Total monthly income runs $3,493/mo. Return on cash invested measures 7.77% in year one, and rental yield registers 3.94% at a $1,065,000 basis. Equity gained on principal adds $6,872/yr, and annual property appreciation at 5% supports $294,240 by year five. Five-year ROI tracks 38.32% and total cumulative return in cash totals $132,239. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,493/mo property income relative to a $5,213/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32340, Madison, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,847 (100%) |
| Owner Occupied HU | 2,869 (59.2%) |
| Renter Occupied HU | 1,229 (25.4%) |
| Vacant Housing Units | 749 (15.5%) |
| Median Home Value | $142,167 |
| Average Home Value | $204,320 |
Housing Distribution
Address Breakdown
Residential
4,063
Single Family
3,919
Multi-Family
144
Businesses
342
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Listed by: Sarah Pike • The American Dream
Mls Name: NFMLS
Mls Provider:
Mls ID: #127963
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.