23422 NE 154th Place RdSalt SpringsFL32134
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
Investment property for sale in Salt Springs at 23422 NE 154th Place Rd, Salt Springs, FL, 32134 uses $49,394 cash to close to unlock $2,358/yr annual cash flow and $196/mo monthly cash flow. Total monthly income runs $1,185/mo, and a $729/mo payment keeps the spread at $196/mo. Purchase price stands at $149,000, and rental yield measures 9.54% with $1,185/mo rent. Return on cash invested shows 24.68% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 129.06% and total cumulative return in cash records $63,748. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,185/mo property income covering a $729/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32134, Fort Mc Coy, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,488 (100%) |
| Owner Occupied HU | 3,095 (56.4%) |
| Renter Occupied HU | 513 ( 9.3%) |
| Vacant Housing Units | 1,880 (34.3%) |
| Median Home Value | $179,058 |
| Average Home Value | $242,406 |
Housing Distribution
Address Breakdown
Residential
4,173
Single Family
4,173
Multi-Family
0
Businesses
118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Amarasinghe • ROBERT SLACK LLC
Mls Name: Stellar MLS
Mls ID: #O6327107