249 SE 21st AveCross CityFL32628
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cross City at 249 SE 21st Ave, Cross City, FL, 32628 uses $76,079 cash to close to unlock $1,371/yr annual cash flow and $114/mo monthly cash flow. Total monthly income runs $1,637/mo, and a $1,123/mo payment keeps the spread at $114/mo. Purchase price stands at $229,500, and rental yield measures 8.56% with $1,637/mo rent. Return on cash invested shows 21.71% in year one, and 5% annual appreciation builds toward $63,407 over five years. Five-year ROI reaches 113.13% and total cumulative return in cash records $86,070. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,637/mo property income covering a $1,123/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32628, Cross City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,658 (100%) |
| Owner Occupied HU | 958 (57.8%) |
| Renter Occupied HU | 395 (23.8%) |
| Vacant Housing Units | 305 (18.4%) |
| Median Home Value | $106,132 |
| Average Home Value | $139,982 |
Housing Distribution
Address Breakdown
Residential
1,032
Single Family
999
Multi-Family
33
Businesses
174
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dewey Hatcher • Hatcher Realty Services, Inc. Steinhatchee
Mls Name: Dixie-Gilchrist Levy Counties BOR
Mls Provider:
Mls ID: #794678
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.