2400 Bar C RdMimsFL32754
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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 Mims at 2400 Bar C Rd, Mims, FL, 32754 uses $65,969 cash to close to unlock $2,525/yr annual cash flow and $210/mo monthly cash flow. Total monthly income runs $1,531/mo, and a $974/mo payment keeps the spread at $210/mo. Purchase price stands at $199,000, and rental yield measures 9.23% with $1,531/mo rent. Return on cash invested shows 23.74% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 124% and total cumulative return in cash records $81,798. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,531/mo property income covering a $974/mo payment rather than investor’s personal income.
Manufactured
Built in 1988
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32754, Mims, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,013 (100%) |
| Owner Occupied HU | 4,667 (77.6%) |
| Renter Occupied HU | 658 (10.9%) |
| Vacant Housing Units | 688 (11.4%) |
| Median Home Value | $417,112 |
| Average Home Value | $437,945 |
Housing Distribution
Address Breakdown
Residential
5,800
Single Family
5,780
Multi-Family
20
Businesses
248
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