2215 NE 16th CtOcalaFL34470
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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 Ocala at 2215 NE 16th Ct, Ocala, FL, 34470 earns $610/mo cash flow from $1,993/mo rent with a $1,015/mo payment. Total monthly income totals $1,993/mo, and annual cash flow totals $7,316/yr on $68,720 capital. ROI tracks 30.56% on current figures, and rental yield reads 11.54% at a $207,300 purchase. Equity gained on principal adds $1,338/yr, and 5% annual appreciation supports $57,273 over five years. Five-year ROI reaches 160.59% and total cumulative return in cash sums $110,360. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,993/mo property income instead of your personal income.
Single Family
Built in 1962
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34470, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,189 (100%) |
| Owner Occupied HU | 5,766 (56.6%) |
| Renter Occupied HU | 3,623 (35.6%) |
| Vacant Housing Units | 800 ( 7.9%) |
| Median Home Value | $223,471 |
| Average Home Value | $287,143 |
Housing Distribution
Address Breakdown
Residential
9,663
Single Family
8,238
Multi-Family
1,425
Businesses
1,264
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