24 62nd StYankeetownFL34498
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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 Yankeetown at 24 62nd St, Yankeetown, FL, 34498 offers a 9.35% rental yield on a $127,900 purchase with $997/mo rent. Total monthly income registers $997/mo, and a $626/mo payment leaves $148/mo available for distribution. Annual cash flow reaches $1,779/yr on $42,399 to close, and return on cash invested stands at 24.1% in year one. Equity gained on principal adds $825/yr while 5% annual appreciation supports $35,336 over five years. Portfolio math shows five-year ROI at 126.01% and total cumulative return in cash at $53,427. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $997/mo property income against a $626/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1993
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34498, Yankeetown, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 514 (100%) |
| Owner Occupied HU | 251 (48.8%) |
| Renter Occupied HU | 55 (10.7%) |
| Vacant Housing Units | 208 (40.5%) |
| Median Home Value | $312,319 |
| Average Home Value | $316,285 |
Housing Distribution
Address Breakdown
Residential
364
Single Family
361
Multi-Family
3
Businesses
32
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Listed by: Megan Cortez • Wave Elite Realty LLC
Mls Name: Realtors Association of Citrus County
Mls ID: #850766