20335 Snipe RdAltoonaFL32702
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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 Altoona at 20335 Snipe Rd, Altoona, FL, 32702 offers a 6.05% rental yield on a $220,000 purchase with $1,110/mo rent. 15% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 72.55% and total cumulative return in cash at $52,907. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,110/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1986
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32702, Altoona, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,807 (100%) |
| Owner Occupied HU | 1,006 (55.7%) |
| Renter Occupied HU | 441 (24.4%) |
| Vacant Housing Units | 360 (19.9%) |
| Median Home Value | $178,846 |
| Average Home Value | $289,592 |
Housing Distribution
Address Breakdown
Residential
1,435
Single Family
1,240
Multi-Family
195
Businesses
92
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