1862 SHANNON LAKE DriveMiddleburgFL32068
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1862 SHANNON LAKE Drive, Middleburg, FL, 32068 uses $74,588 cash to close to unlock $3,601/yr annual cash flow and $300/mo monthly cash flow. Total monthly income runs $1,793/mo, and a $1,101/mo payment keeps the spread at $300/mo. Purchase price stands at $225,000, and rental yield measures 9.56% with $1,793/mo rent. Return on cash invested shows 24.74% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 129.4% and total cumulative return in cash records $96,513. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,793/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1985
7,840 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Curtis Bryan Kallam • KALLAM REALTY GROUP PLLC
Mls Name: realMLS
Mls ID: #2115263