24424 NW 23rd LnNewberryFL32669
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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
Total monthly income runs $2,964/mo, and a $2,378/mo payment. Purchase price stands at $485,899, and rental yield measures 7.32% with $2,964/mo rent. Return on cash invested shows 17.97% in year one, and 5% annual appreciation builds toward $134,245 over five years. Five-year ROI reaches 93.03% and total cumulative return in cash records $149,841. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,964/mo property income covering a $2,378/mo payment rather than investor’s personal income.
Single Family
Built in 2023
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32669, Newberry, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,320 (100%) |
| Owner Occupied HU | 6,444 (77.5%) |
| Renter Occupied HU | 1,209 (14.5%) |
| Vacant Housing Units | 667 ( 8.0%) |
| Median Home Value | $379,117 |
| Average Home Value | $459,088 |
Housing Distribution
Address Breakdown
Residential
7,786
Single Family
7,223
Multi-Family
563
Businesses
475
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