21 N French AveFort MeadeFL33841
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
Investment property for sale in Fort Meade at 21 N French Ave, Fort Meade, FL, 33841 listed at $200,000 pairs $1,689/mo rent with a $979/mo payment to leave $362/mo cash flow. Total monthly income runs $1,689/mo, and annual cash flow reaches $4,340/yr on $66,300 cash to close. Return on cash invested measures 26.46% in year one, and rental yield registers 10.13% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 138.55% and total cumulative return in cash totals $91,856. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,689/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1929
6,033 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33841, Fort Meade, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,643 (100%) |
| Owner Occupied HU | 2,300 (63.1%) |
| Renter Occupied HU | 619 (17.0%) |
| Vacant Housing Units | 724 (19.9%) |
| Median Home Value | $148,571 |
| Average Home Value | $215,389 |
Housing Distribution
Address Breakdown
Residential
3,393
Single Family
3,217
Multi-Family
176
Businesses
207
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Balmer • MARK SPAIN REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #TB8455428