179 SW Churchill WayLake 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 179 SW Churchill Way, Lake City, FL, 32025 uses $40,112 cash to close to unlock $1,659/yr annual cash flow and $138/mo monthly cash flow. Total monthly income runs $941/mo, and a $592/mo payment keeps the spread at $138/mo. Purchase price stands at $121,000, and rental yield measures 9.33% with $941/mo rent. Return on cash invested shows 24.05% in year one, and 5% annual appreciation builds toward $33,430 over five years. Five-year ROI reaches 125.7% and total cumulative return in cash records $50,421. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $941/mo property income covering a $592/mo payment rather than investor’s personal income.
Manufactured
Built in 1986
1 Acres 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: Ginny Smith • Exit Realty Farm & Country
Mls Name: NFMLS
Mls Provider:
Mls ID: #125422
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.