246 RAINBOW DriveHawthorneFL32640
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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 Hawthorne at 246 RAINBOW Drive, Hawthorne, FL, 32640 earns $355/mo cash flow from $1,344/mo rent with a $729/mo payment. Total monthly income totals $1,344/mo, and annual cash flow totals $4,266/yr on $49,394 capital. ROI tracks 28.55% on current figures, and rental yield reads 10.82% at a $149,000 purchase. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 over five years. Five-year ROI reaches 149.78% and total cumulative return in cash sums $73,984. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,344/mo property income instead of your personal income.
Manufactured
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32640, Hawthorne, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,548 (100%) |
| Owner Occupied HU | 3,734 (67.3%) |
| Renter Occupied HU | 791 (14.3%) |
| Vacant Housing Units | 1,023 (18.4%) |
| Median Home Value | $223,379 |
| Average Home Value | $249,071 |
Housing Distribution
Address Breakdown
Residential
4,379
Single Family
4,379
Multi-Family
0
Businesses
201
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