2187 Mayo RdGrand RidgeFL32442
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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
Total monthly income runs $1,924/mo, and a $2,080/mo payment. Purchase price stands at $425,000, and rental yield measures 5.43% with $1,924/mo rent. Return on cash invested shows 12.28% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 62.49% and total cumulative return in cash records $88,037. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,924/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1986
7.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32442, Grand Ridge, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,748 (100%) |
| Owner Occupied HU | 1,211 (69.3%) |
| Renter Occupied HU | 299 (17.1%) |
| Vacant Housing Units | 238 (13.6%) |
| Median Home Value | $183,778 |
| Average Home Value | $215,033 |
Housing Distribution
Address Breakdown
Residential
1,643
Single Family
1,643
Multi-Family
0
Businesses
42
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Listed by: Helen M Babbs • People 1st Real Estate, LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #771126
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.