203 Horse Landing RdSatsumaFL32189
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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
Rental property for sale in Satsuma at 203 Horse Landing Rd, Satsuma, FL, 32189 priced at $204,900 converts $2,284/mo rent into $924/mo cash flow after a $1,003/mo obligation. Total monthly income equals $2,284/mo, and annual cash flow totals $11,090/yr on $67,924 invested. Return on cash invested prints 36.24% in year one, and rental yield reads 13.38% against a $204,900 entry. Equity gained on principal adds $1,322/yr, while 5% annual appreciation compiles into $56,610 by year five. Five-year ROI reaches 191.05% and total cumulative return in cash sums $129,766. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,284/mo property income covering a $1,003/mo payment, not borrower’s personal income.
Manufactured
Built in 1995
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32189, Satsuma, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,467 (100%) |
| Owner Occupied HU | 2,237 (64.5%) |
| Renter Occupied HU | 467 (13.5%) |
| Vacant Housing Units | 763 (22.0%) |
| Median Home Value | $121,688 |
| Average Home Value | $206,308 |
Housing Distribution
Address Breakdown
Residential
2,813
Single Family
2,658
Multi-Family
155
Businesses
43
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