251 HERMITS DriveSatsumaFL32189
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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 Satsuma at 251 HERMITS Drive, Satsuma, FL, 32189 priced at $115,000 converts $914/mo rent into $58/mo cash flow after a $563/mo obligation. Total monthly income equals $914/mo, and annual cash flow totals $701/yr on $38,123 invested. Return on cash invested prints 21.75% in year one, and rental yield reads 9.54% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 114.41% and total cumulative return in cash sums $43,617. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $914/mo property income covering a $563/mo payment, not borrower’s personal income.
Manufactured
Built in 1975
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32189, Satsuma, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,467 (100%) |
| Owner Occupied HU | 2,237 (64.5%) |
| Renter Occupied HU | 467 (13.5%) |
| Vacant Housing Units | 763 (22.0%) |
| Median Home Value | $121,688 |
| Average Home Value | $206,308 |
Housing Distribution
Address Breakdown
Residential
2,813
Single Family
2,658
Multi-Family
155
Businesses
43
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Listed by: ADAM NISALL • NIZZ REALTY INC
Mls Name: realMLS
Mls Provider:
Mls ID: #2079854
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. Data is deemed reliable but is not guaranteed accurate by realMLS.