203 SE Cheddar CtLake CityFL32025
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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 Lake City at 203 SE Cheddar Ct, Lake City, FL, 32025 earns $503/mo cash flow from $2,394/mo rent with a $1,380/mo payment. Total monthly income totals $2,394/mo, and annual cash flow totals $6,032/yr on $93,483 capital. ROI tracks 26.36% on current figures, and rental yield reads 10.19% at a $282,000 purchase. Equity gained on principal adds $1,820/yr, and 5% annual appreciation supports $77,911 over five years. Five-year ROI reaches 138.13% and total cumulative return in cash sums $129,133. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,394/mo property income instead of your personal income.
Manufactured
Built in 2008
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32025, Lake City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,127 (100%) |
| Owner Occupied HU | 5,155 (56.5%) |
| Renter Occupied HU | 3,163 (34.7%) |
| Vacant Housing Units | 809 ( 8.9%) |
| Median Home Value | $238,613 |
| Average Home Value | $278,138 |
Housing Distribution
Address Breakdown
Residential
8,161
Single Family
7,475
Multi-Family
686
Businesses
689
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Listed by: Danielle Ross • Pointer Properties
Mls Name: NFMLS
Mls Provider:
Mls ID: #126757
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. Information is deemed reliable but not guaranteed.