2355 Momence CtAlfordFL32420
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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 Alford at 2355 Momence Ct, Alford, FL, 32420 uses $49,725 cash to close to unlock $1,017/yr annual cash flow and $85/mo monthly cash flow. Total monthly income runs $1,080/mo, and a $734/mo payment keeps the spread at $85/mo. Purchase price stands at $150,000, and rental yield measures 8.64% with $1,080/mo rent. Return on cash invested shows 21.95% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 114.4% and total cumulative return in cash records $56,886. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,080/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 1999
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32420, Alford, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,304 (100%) |
| Owner Occupied HU | 881 (67.6%) |
| Renter Occupied HU | 164 (12.6%) |
| Vacant Housing Units | 259 (19.9%) |
| Median Home Value | $200,839 |
| Average Home Value | $218,595 |
Housing Distribution
Address Breakdown
Residential
1,079
Single Family
1,079
Multi-Family
0
Businesses
35
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