179 SW GLEN GENT GlenLake CityFL32024
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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 GLEN GENT Glen, Lake City, FL, 32024 at $230,000 posts ROI 50.55% with $1,947/mo cash flow from $3,534/mo rent. Total monthly income equals $3,534/mo, and annual cash flow records $23,362/yr on $76,245 to close. Return on cash invested measures 50.55% and rental yield reads 18.44% at the current $230,000. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 by year five. Five-year ROI prints 268.09% and total cumulative return in cash totals $204,403.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,534/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32024, Lake City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,857 (100%) |
| Owner Occupied HU | 6,997 (79.0%) |
| Renter Occupied HU | 1,260 (14.2%) |
| Vacant Housing Units | 600 ( 6.8%) |
| Median Home Value | $273,669 |
| Average Home Value | $295,730 |
Housing Distribution
Address Breakdown
Residential
8,634
Single Family
8,634
Multi-Family
0
Businesses
201
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Listed by: MARTINA JORDAN • KEVIN MARTIN, BROKER
Mls Name: realMLS
Mls Provider:
Mls ID: #2018114
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.