20761 NE 118th StLake ButlerFL32054
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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 Lake Butler at 20761 NE 118th St, Lake Butler, FL, 32054 generates $1,829/mo in rent and, after a $974/mo payment, leaves $508/mo in cash flow. Total monthly income is $1,829/mo, and annual cash flow is $6,101/yr on $65,969 invested. Return on cash invested sits at 29.16% in year one, and rental yield is 11.03% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 153.06% and total cumulative return in cash sums $100,974. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,829/mo property income rather than buyer’s personal income.
Manufactured
Built in 2004
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32054, Lake Butler, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,502 (100%) |
| Owner Occupied HU | 3,061 (68.0%) |
| Renter Occupied HU | 1,018 (22.6%) |
| Vacant Housing Units | 423 ( 9.4%) |
| Median Home Value | $231,234 |
| Average Home Value | $264,027 |
Housing Distribution
Address Breakdown
Residential
4,047
Single Family
4,004
Multi-Family
43
Businesses
233
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Listed by: Angie Hendricks • RE/MAX PROFESSIONALS
Mls Name: Stellar MLS
Mls ID: #GC532283