1805 Us Highway 17 NFort MeadeFL33841
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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 Fort Meade at 1805 Us Highway 17 N, Fort Meade, FL, 33841 listed at $254,999 pairs $1,979/mo rent with a $1,248/mo payment to leave $287/mo cash flow. Total monthly income runs $1,979/mo, and annual cash flow reaches $3,443/yr on $84,532 cash to close. Return on cash invested measures 23.98% in year one, and rental yield registers 9.31% at a $254,999 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 125.26% and total cumulative return in cash totals $105,883. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,979/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33841, Fort Meade, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,643 (100%) |
| Owner Occupied HU | 2,300 (63.1%) |
| Renter Occupied HU | 619 (17.0%) |
| Vacant Housing Units | 724 (19.9%) |
| Median Home Value | $148,571 |
| Average Home Value | $215,389 |
Housing Distribution
Address Breakdown
Residential
3,393
Single Family
3,217
Multi-Family
176
Businesses
207
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Listed by: Trey Turner, III • HOT FLORIDA REAL ESTATE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #P4932747
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511