199 SPORTSMAN DriveWelakaFL32193
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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 Welaka at 199 SPORTSMAN Drive, Welaka, FL, 32193 uses $132,567 cash to close to unlock $748/yr annual cash flow and $62/mo monthly cash flow. Total monthly income runs $2,720/mo, and a $1,957/mo payment keeps the spread at $62/mo. Purchase price stands at $399,900, and rental yield measures 8.16% with $2,720/mo rent. Return on cash invested shows 20.47% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 106.49% and total cumulative return in cash records $141,164. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,720/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Manufactured
Built in 1989
6,534 sqft lot
$N/A/sqft
$50 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32193, Welaka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 924 (100%) |
| Owner Occupied HU | 444 (48.1%) |
| Renter Occupied HU | 96 (10.4%) |
| Vacant Housing Units | 384 (41.6%) |
| Median Home Value | $317,500 |
| Average Home Value | $463,868 |
Housing Distribution
Address Breakdown
Residential
479
Single Family
409
Multi-Family
70
Businesses
53
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Listed by: MARGARET ZAHNER • COLDWELL BANKER BEN BATES INC
Mls Name: realMLS
Mls Provider:
Mls ID: #2028910
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. Data is deemed reliable but is not guaranteed accurate by realMLS.