24450 NE 127th StSalt 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
Rental property for sale in Salt Springs at 24450 NE 127th St, Salt Springs, FL, 32134 generates $2,610/mo in rent and, after a $1,468/mo payment, leaves $620/mo in cash flow. Total monthly income is $2,610/mo, and annual cash flow is $7,434/yr on $99,446 invested. Return on cash invested sits at 27.38% in year one, and rental yield is 10.44% on a $299,987 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,881 over five years. Five-year ROI reaches 143.53% and total cumulative return in cash sums $142,736. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,610/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
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: Cody Becker • SOLUTIONS REALTY, LLC
Mls Name: Stellar MLS
Mls ID: #OM712165