205 N Rhodes StMonticelloFL32344
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Monticello at 205 N Rhodes St, Monticello, FL, 32344 generates $3,240/mo in rent and, after a $1,855/mo payment, leaves $725/mo in cash flow. Total monthly income is $3,240/mo, and annual cash flow is $8,699/yr on $125,639 invested. Return on cash invested sits at 26.83% in year one, and rental yield is 10.26% on a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 140.55% and total cumulative return in cash sums $176,579. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,240/mo property income rather than buyer’s personal income.
Single Family
Built in 1902
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32344, Monticello, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,100 (100%) |
| Owner Occupied HU | 4,229 (69.3%) |
| Renter Occupied HU | 1,142 (18.7%) |
| Vacant Housing Units | 729 (12.0%) |
| Median Home Value | $238,535 |
| Average Home Value | $295,786 |
Housing Distribution
Address Breakdown
Residential
5,330
Single Family
5,295
Multi-Family
35
Businesses
311
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pamela J Kelly • Kelly & Kelly Properties, Inc
Mls Name: TBR
Mls Provider:
Mls ID: #383924
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.