1823 Pineta Cove DrMiddleburgFL32068
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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 Middleburg at 1823 Pineta Cove Dr, Middleburg, FL, 32068 uses $85,859 cash to close to unlock $2,639/yr annual cash flow and $220/mo monthly cash flow. Total monthly income runs $1,939/mo, and a $1,268/mo payment keeps the spread at $220/mo. Purchase price stands at $259,000, and rental yield measures 8.98% with $1,939/mo rent. Return on cash invested shows 22.98% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 119.91% and total cumulative return in cash records $102,952. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,939/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Single Family
Built in 2003
4,621 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32068, Middleburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,808 (100%) |
| Owner Occupied HU | 18,514 (77.8%) |
| Renter Occupied HU | 4,060 (17.1%) |
| Vacant Housing Units | 1,234 ( 5.2%) |
| Median Home Value | $339,221 |
| Average Home Value | $349,755 |
Housing Distribution
Address Breakdown
Residential
22,770
Single Family
22,515
Multi-Family
255
Businesses
496
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Listed by: Madalina Tat • NHR BROKERAGE LLC
Mls Name: Stellar MLS
Mls ID: #TB8428682