2415 NE 7th St APT 8OcalaFL34470
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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 Ocala at 2415 NE 7th St APT 8, Ocala, FL, 34470 offers a 11.91% rental yield on a $139,999 purchase with $1,390/mo rent. Total monthly income registers $1,390/mo, and a $685/mo payment leaves $461/mo available for distribution. Annual cash flow reaches $5,534/yr on $46,410 to close, and return on cash invested stands at 31.83% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 167.47% and total cumulative return in cash at $77,722. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,390/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
1,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34470, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,189 (100%) |
| Owner Occupied HU | 5,766 (56.6%) |
| Renter Occupied HU | 3,623 (35.6%) |
| Vacant Housing Units | 800 ( 7.9%) |
| Median Home Value | $223,471 |
| Average Home Value | $287,143 |
Housing Distribution
Address Breakdown
Residential
9,663
Single Family
8,238
Multi-Family
1,425
Businesses
1,264
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