235 E River Rd EEast PalatkaFL32131
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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 East Palatka at 235 E River Rd E, East Palatka, FL, 32131 generates $3,286/mo in rent, after a $3,720/mo payment. Total monthly income is $3,286/mo. Return on cash invested sits at 10.29% in year one, and rental yield is 5.19% on a $760,000 entry. Equity gained on principal adds $4,904/yr, while 5% annual appreciation builds toward $209,974 over five years. Five-year ROI reaches 52.29% and total cumulative return in cash sums $130,741. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,286/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32131, East Palatka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,148 (100%) |
| Owner Occupied HU | 1,598 (74.4%) |
| Renter Occupied HU | 294 (13.7%) |
| Vacant Housing Units | 256 (11.9%) |
| Median Home Value | $345,878 |
| Average Home Value | $457,164 |
Housing Distribution
Address Breakdown
Residential
1,821
Single Family
1,764
Multi-Family
57
Businesses
148
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Listed by: Deidre Vlassis • Realty Exchange, LLC.
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1203491
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. Information is deemed reliable but not guaranteed.