18015 SE 18th StSilver SpringsFL34488
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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 Silver Springs at 18015 SE 18th St, Silver Springs, FL, 34488 offers a 10.83% rental yield on a $265,900 purchase with $2,400/mo rent. Total monthly income registers $2,400/mo, and a $1,301/mo payment leaves $636/mo available for distribution. Annual cash flow reaches $7,631/yr on $88,146 to close, and return on cash invested stands at 28.57% in year one. Equity gained on principal adds $1,716/yr while 5% annual appreciation supports $73,463 over five years. Portfolio math shows five-year ROI at 149.84% and total cumulative return in cash at $132,082. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $1,301/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2025
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34488, Silver Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,418 (100%) |
| Owner Occupied HU | 3,982 (62.0%) |
| Renter Occupied HU | 1,324 (20.6%) |
| Vacant Housing Units | 1,112 (17.3%) |
| Median Home Value | $168,605 |
| Average Home Value | $231,480 |
Housing Distribution
Address Breakdown
Residential
6,119
Single Family
5,693
Multi-Family
426
Businesses
148
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Listed by: Jennifer Daniell • LA ROSA REALTY PRESTIGE
Mls Name: Stellar MLS
Mls ID: #P4936514