218 SW 145TH Drive UNIT 20NewberryFL32669
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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 Newberry at 218 SW 145TH Drive UNIT 20, Newberry, FL, 32669 generates $2,302/mo in rent and, after a $1,023/mo payment, leaves $570/mo in cash flow. Total monthly income is $2,302/mo, and annual cash flow is $6,834/yr on $69,284 invested. Return on cash invested sits at 29.77% in year one, and rental yield is 13.22% on a $209,000 entry. Equity gained on principal adds $1,349/yr, while 5% annual appreciation builds toward $57,743 over five years. Five-year ROI reaches 158.53% and total cumulative return in cash sums $109,838. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,302/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$230 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32669, Newberry, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,320 (100%) |
| Owner Occupied HU | 6,444 (77.5%) |
| Renter Occupied HU | 1,209 (14.5%) |
| Vacant Housing Units | 667 ( 8.0%) |
| Median Home Value | $379,117 |
| Average Home Value | $459,088 |
Housing Distribution
Address Breakdown
Residential
7,786
Single Family
7,223
Multi-Family
563
Businesses
475
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Listed by: DUNIA TAYLOR • REMI REALTY, LLC
Mls Name: realMLS
Mls Provider:
Mls ID: #2058763
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and 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 realMLS.