1806 Pine Ave.SteinhatcheeFL32359
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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
Rental property for sale in Steinhatchee at 1806 Pine Ave, Steinhatchee, FL, 32359 generates $1,385/mo in rent and, after a $903/mo payment, leaves $161/mo in cash flow. Total monthly income is $1,385/mo, and annual cash flow is $1,928/yr on $61,162 invested. Return on cash invested sits at 23.06% in year one, and rental yield is 9.01% on a $184,500 entry. Equity gained on principal adds $1,191/yr, while 5% annual appreciation builds toward $50,974 over five years. Five-year ROI reaches 120.35% and total cumulative return in cash sums $73,610. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,385/mo property income rather than buyer’s personal income.
Manufactured
Built in 1984
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32359, Steinhatchee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,308 (100%) |
| Owner Occupied HU | 776 (33.6%) |
| Renter Occupied HU | 123 ( 5.3%) |
| Vacant Housing Units | 1,409 (61.0%) |
| Median Home Value | $157,843 |
| Average Home Value | $241,553 |
Housing Distribution
Address Breakdown
Residential
634
Single Family
633
Multi-Family
1
Businesses
85
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Listed by: Ami Sams • eXp Realty LLC
Mls Name: Dixie-Gilchrist Levy Counties BOR
Mls ID: #795515