1988 Palo Alto AveThe VillagesFL32159
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 The Villages at 1988 Palo Alto Ave, The Villages, FL, 32159 generates $3,240/mo in rent, after a $3,524/mo payment. Total monthly income is $3,240/mo. Return on cash invested sits at 12.27% in year one, and rental yield is 5.4% on a $720,000 entry. Equity gained on principal adds $4,646/yr, while 5% annual appreciation builds toward $198,923 over five years. Five-year ROI reaches 62.42% and total cumulative return in cash sums $147,859. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,240/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
8,556 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32159, Lady Lake, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,860 (100%) |
| Owner Occupied HU | 13,610 (68.5%) |
| Renter Occupied HU | 3,064 (15.4%) |
| Vacant Housing Units | 3,186 (16.0%) |
| Median Home Value | $352,165 |
| Average Home Value | $367,814 |
Housing Distribution
Address Breakdown
Residential
18,353
Single Family
6,385
Multi-Family
11,968
Businesses
722
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debbie Schoonover • REALTY EXECUTIVES IN THE VILLAGES
Mls Name: Stellar MLS
Mls ID: #G5106641