24797 NE 135th 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
Investment property for sale in Salt Springs at 24797 NE 135th St, Salt Springs, FL, 32134 uses $49,692 cash to close to unlock $2,459/yr annual cash flow and $205/mo monthly cash flow. Total monthly income runs $1,200/mo, and a $734/mo payment keeps the spread at $205/mo. Purchase price stands at $149,900, and rental yield measures 9.61% with $1,200/mo rent. Return on cash invested shows 24.86% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 129.94% and total cumulative return in cash records $64,571. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,200/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 1976
0.55 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: Duke Rountree • ROUNTREE REALTY CORP.
Mls Name: Stellar MLS
Mls ID: #OM711705