21 NE 305th AveOld TownFL32680
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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 Old Town at 21 NE 305th Ave, Old Town, FL, 32680 uses $51,383 cash to close to unlock $2,316/yr annual cash flow and $193/mo monthly cash flow. Total monthly income runs $1,222/mo, and a $759/mo payment keeps the spread at $193/mo. Purchase price stands at $155,000, and rental yield measures 9.46% with $1,222/mo rent. Return on cash invested shows 24.42% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 127.71% and total cumulative return in cash records $65,620. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,222/mo property income covering a $759/mo payment rather than investor’s personal income.
Manufactured
Built in 2004
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32680, Old Town, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,719 (100%) |
| Owner Occupied HU | 3,957 (58.9%) |
| Renter Occupied HU | 731 (10.9%) |
| Vacant Housing Units | 2,031 (30.2%) |
| Median Home Value | $119,342 |
| Average Home Value | $149,539 |
Housing Distribution
Address Breakdown
Residential
4,759
Single Family
4,759
Multi-Family
0
Businesses
148
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