24089 NE 152nd LnSalt SpringsFL32134
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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 Salt Springs at 24089 NE 152nd Ln, Salt Springs, FL, 32134 offers a 9.44% rental yield on a $129,900 purchase with $1,022/mo rent. Total monthly income registers $1,022/mo, and a $636/mo payment leaves $160/mo available for distribution. Annual cash flow reaches $1,917/yr on $43,062 to close, and return on cash invested stands at 24.36% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 127.34% and total cumulative return in cash at $54,835. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,022/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32134, Fort Mc Coy, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,488 (100%) |
| Owner Occupied HU | 3,095 (56.4%) |
| Renter Occupied HU | 513 ( 9.3%) |
| Vacant Housing Units | 1,880 (34.3%) |
| Median Home Value | $179,058 |
| Average Home Value | $242,406 |
Housing Distribution
Address Breakdown
Residential
4,173
Single Family
4,173
Multi-Family
0
Businesses
118
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Listed by: Carolyn Biddle • CLEAR CHOICE REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #G5102765