2139 Pike Pond RdAlfordFL32420
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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 Alford at 2139 Pike Pond Rd, Alford, FL, 32420 generates $1,351/mo in rent, after a $1,346/mo payment. Total monthly income is $1,351/mo. Return on cash invested sits at 13.67% in year one, and rental yield is 5.9% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 70.01% and total cumulative return in cash sums $63,827. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,351/mo property income rather than buyer’s personal income.
Manufactured
Built in 2001
10.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32420, Alford, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,304 (100%) |
| Owner Occupied HU | 881 (67.6%) |
| Renter Occupied HU | 164 (12.6%) |
| Vacant Housing Units | 259 (19.9%) |
| Median Home Value | $200,839 |
| Average Home Value | $218,595 |
Housing Distribution
Address Breakdown
Residential
1,079
Single Family
1,079
Multi-Family
0
Businesses
35
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Listed by: Fiona Ridenour • Counts Real Estate Group
Mls Name: CPAR
Mls Provider:
Mls ID: #761723
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.