204 Carter Ave NEBranfordFL32008
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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 Branford at 204 Carter Ave NE, Branford, FL, 32008 offers $1,047/mo rent that, after a $660/mo payment, leaves $152/mo cash flow. Total monthly income is $1,047/mo, and annual cash flow is $1,825/yr on $44,719 cash. Return on cash invested measures 23.99% in year one, and rental yield stands at 9.31% at a $134,900 entry. Equity gained on principal adds $870/yr while 5% annual appreciation compounds into $37,270 by year five. Five-year ROI records 125.43% and total cumulative return in cash reaches $56,093. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,047/mo property income versus a $660/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1990
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32008, Branford, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,150 (100%) |
| Owner Occupied HU | 2,054 (65.2%) |
| Renter Occupied HU | 413 (13.1%) |
| Vacant Housing Units | 683 (21.7%) |
| Median Home Value | $153,846 |
| Average Home Value | $182,875 |
Housing Distribution
Address Breakdown
Residential
2,456
Single Family
2,432
Multi-Family
24
Businesses
219
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Listed by: Natalie Rankin • HOMETOWN REALTY OF NORTH FLORIDA, INC.
Mls Name: NFMLS
Mls Provider:
Mls ID: #126298
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.