20930 NE 142nd PlSalt SpringsFL32134
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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 Salt Springs at 20930 NE 142nd Pl, Salt Springs, FL, 32134 uses $91,163 cash to close to unlock $6,228/yr annual cash flow and $519/mo monthly cash flow. Total monthly income runs $2,344/mo, and a $1,346/mo payment keeps the spread at $519/mo. Purchase price stands at $275,000, and rental yield measures 10.23% with $2,344/mo rent. Return on cash invested shows 26.74% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 140.12% and total cumulative return in cash records $127,739. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,344/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Manufactured
Built in 1974
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32134, Fort Mc Coy, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,488 (100%) |
| Owner Occupied HU | 3,095 (56.4%) |
| Renter Occupied HU | 513 ( 9.3%) |
| Vacant Housing Units | 1,880 (34.3%) |
| Median Home Value | $179,058 |
| Average Home Value | $242,406 |
Housing Distribution
Address Breakdown
Residential
4,173
Single Family
4,173
Multi-Family
0
Businesses
118
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Listed by: Belicia Baker • ROBERT SLACK LLC
Mls Name: Stellar MLS
Mls ID: #OM707091