23514 NW Stevens RdAlthaFL32421
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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 Altha at 23514 NW Stevens Rd, Altha, FL, 32421 listed at $245,000 pairs $1,680/mo rent with a $1,199/mo payment to leave $54/mo cash flow. Total monthly income runs $1,680/mo, and annual cash flow reaches $651/yr on $81,218 cash to close. Return on cash invested measures 20.71% in year one, and rental yield registers 8.23% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 107.78% and total cumulative return in cash totals $87,540. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,680/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2018
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32421, Altha, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,919 (100%) |
| Owner Occupied HU | 1,396 (72.7%) |
| Renter Occupied HU | 259 (13.5%) |
| Vacant Housing Units | 264 (13.8%) |
| Median Home Value | $155,430 |
| Average Home Value | $168,225 |
Housing Distribution
Address Breakdown
Residential
1,825
Single Family
1,825
Multi-Family
0
Businesses
52
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