214 Lakepoint 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
Investment property for sale in Alford at 214 Lakepoint Rd, Alford, FL, 32420 with 5% annual appreciation on a $220,000 basis while $1,516/mo rent supports operations. Total monthly income totals $1,516/mo and a $1,077/mo payment preserves $56/mo for cash returns. Annual cash flow comes to $670/yr on $72,930 deployed, and return on cash invested reaches 20.83% in year one. Equity gained on principal adds $1,420/yr, and five-year appreciation sums $60,782 alongside rental yield of 8.27%. Five-year ROI measures 108.37% and total cumulative return in cash totals $79,031.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,516/mo property income versus a $1,077/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2022
1.98 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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