210 RIVER BEND Place #BWelakaFL32193
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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 Welaka at 210 RIVER BEND Place #B, Welaka, FL, 32193 uses $82,544 cash to close to unlock $3,652/yr annual cash flow and $304/mo monthly cash flow. Total monthly income runs $1,957/mo, and a $1,219/mo payment keeps the spread at $304/mo. Purchase price stands at $249,000, and rental yield measures 9.43% with $1,957/mo rent. Return on cash invested shows 24.33% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 127.19% and total cumulative return in cash records $104,984. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,957/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32193, Welaka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 924 (100%) |
| Owner Occupied HU | 444 (48.1%) |
| Renter Occupied HU | 96 (10.4%) |
| Vacant Housing Units | 384 (41.6%) |
| Median Home Value | $317,500 |
| Average Home Value | $463,868 |
Housing Distribution
Address Breakdown
Residential
479
Single Family
409
Multi-Family
70
Businesses
53
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