203 1st Ave SESteinhatcheeFL32359
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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 Steinhatchee at 203 1st Ave SE, Steinhatchee, FL, 32359 at $397,000 posts ROI 9.19% with from $1,459/mo rent. Total monthly income equals $1,459/mo. Return on cash invested measures 9.19% and rental yield reads 4.41% at the current $397,000. Equity gained on principal adds $2,562/yr, and 5% annual appreciation supports $109,684 by year five. Five-year ROI prints 45.96% and total cumulative return in cash totals $60,490. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,459/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32359, Steinhatchee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,308 (100%) |
| Owner Occupied HU | 776 (33.6%) |
| Renter Occupied HU | 123 ( 5.3%) |
| Vacant Housing Units | 1,409 (61.0%) |
| Median Home Value | $157,843 |
| Average Home Value | $241,553 |
Housing Distribution
Address Breakdown
Residential
634
Single Family
633
Multi-Family
1
Businesses
85
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Nearby investment properties with comparable prices
Listed by: Heather Surrency-Bristow • WATSON REALTY CORP
Mls Name: Stellar MLS
Mls ID: #GC530914