1916 NE 10th StOcalaFL34470
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
Rental property for sale in Ocala at 1916 NE 10th St, Ocala, FL, 34470 generates $1,719/mo in rent and, after a $1,253/mo payment, leaves $20/mo in cash flow. Total monthly income is $1,719/mo, and annual cash flow is $242/yr on $84,864 invested. Return on cash invested sits at 20.19% in year one, and rental yield is 8.06% on a $256,000 entry. Equity gained on principal adds $1,652/yr, while 5% annual appreciation builds toward $70,728 over five years. Five-year ROI reaches 105% and total cumulative return in cash sums $89,110. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,719/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34470, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,189 (100%) |
| Owner Occupied HU | 5,766 (56.6%) |
| Renter Occupied HU | 3,623 (35.6%) |
| Vacant Housing Units | 800 ( 7.9%) |
| Median Home Value | $223,471 |
| Average Home Value | $287,143 |
Housing Distribution
Address Breakdown
Residential
9,663
Single Family
8,238
Multi-Family
1,425
Businesses
1,264
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices