2350 WESTOVER DrivePalatkaFL32177
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 Palatka at 2350 WESTOVER Drive, Palatka, FL, 32177 at $269,000 posts ROI 23.31% with $253/mo cash flow from $2,147/mo rent. Total monthly income equals $2,147/mo, and annual cash flow records $3,033/yr on $89,174 to close. Return on cash invested measures 23.31% and rental yield reads 9.58% at the current $269,000. Equity gained on principal adds $1,736/yr, and 5% annual appreciation supports $74,320 by year five. Five-year ROI prints 122.2% and total cumulative return in cash totals $108,971.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,147/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1966
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32177, Palatka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,930 (100%) |
| Owner Occupied HU | 7,125 (59.7%) |
| Renter Occupied HU | 3,553 (29.8%) |
| Vacant Housing Units | 1,252 (10.5%) |
| Median Home Value | $196,865 |
| Average Home Value | $299,967 |
Housing Distribution
Address Breakdown
Residential
10,671
Single Family
9,986
Multi-Family
685
Businesses
926
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Listed by: SAMANTHA GRACE RIGDON • IHEART REALTY INC
Mls Name: realMLS
Mls Provider:
Mls ID: #2042941
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. Data is deemed reliable but is not guaranteed accurate by realMLS.