262 SE Andrew Park DrLake CityFL32025
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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 Lake City at 262 SE Andrew Park Dr, Lake City, FL, 32025 at $144,900 posts ROI 45.61% with $1,029/mo cash flow from $2,034/mo rent. Total monthly income equals $2,034/mo, and annual cash flow records $12,347/yr on $48,034 to close. Return on cash invested measures 45.61% and rental yield reads 16.84% at the current $144,900. Equity gained on principal adds $935/yr, and 5% annual appreciation supports $40,033 by year five. Five-year ROI prints 241.65% and total cumulative return in cash totals $116,077.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,034/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1961
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32025, Lake City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,127 (100%) |
| Owner Occupied HU | 5,155 (56.5%) |
| Renter Occupied HU | 3,163 (34.7%) |
| Vacant Housing Units | 809 ( 8.9%) |
| Median Home Value | $238,613 |
| Average Home Value | $278,138 |
Housing Distribution
Address Breakdown
Residential
8,161
Single Family
7,475
Multi-Family
686
Businesses
689
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Listed by: Evan Crapps • DANIEL CRAPPS AGENCY, INC
Mls Name: NFMLS
Mls Provider:
Mls ID: #122562
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.