183 SW Granite CtLake 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 183 SW Granite Ct, Lake City, FL, 32024 earns $369/mo cash flow from $2,983/mo rent with a $1,928/mo payment. Total monthly income totals $2,983/mo, and annual cash flow totals $4,425/yr on $130,611 capital. ROI tracks 23.3% on current figures, and rental yield reads 9.09% at a $394,000 purchase. Equity gained on principal adds $2,542/yr, and 5% annual appreciation supports $108,855 over five years. Five-year ROI reaches 121.58% and total cumulative return in cash sums $158,800. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,983/mo property income instead of your personal income.
Single Family
Built in 2018
0.84 Acres 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: Elaine Tolar • Coldwell Banker Bishop Realty, Inc. of Lake City
Mls Name: NFMLS
Mls Provider:
Mls ID: #126948
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.