23171 NW 8th PlNewberryFL32669
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 23171 NW 8th Pl, Newberry, FL, 32669 generates $3,259/mo in rent and, after a $1,713/mo payment, leaves $936/mo in cash flow. Total monthly income is $3,259/mo, and annual cash flow is $11,237/yr on $116,025 invested. Return on cash invested sits at 29.59% in year one, and rental yield is 11.17% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 155.38% and total cumulative return in cash sums $180,278. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,259/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
0.26 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices