26302 NE Canton RdAlthaFL32421
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
Rental property for sale in Altha at 26302 NE Canton Rd, Altha, FL, 32421 priced at $335,000 pairs $2,387/mo rent with $164/mo cash flow after a $1,640/mo payment. Total monthly income equals $2,387/mo, and annual cash flow comes to $1,962/yr on $111,053 invested. Return on cash invested is 21.68% in year one, and rental yield stands at 8.55% on a $335,000 basis. Equity gained on principal adds $2,162/yr, and 5% annual appreciation accumulates to $92,554 by year five. Five-year ROI measures 112.93% and total cumulative return in cash reaches $125,408. For financing, Ziffy Mortgage’s DSCR program evaluates $2,387/mo property income against a $1,640/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32421, Altha, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,919 (100%) |
| Owner Occupied HU | 1,396 (72.7%) |
| Renter Occupied HU | 259 (13.5%) |
| Vacant Housing Units | 264 (13.8%) |
| Median Home Value | $155,430 |
| Average Home Value | $168,225 |
Housing Distribution
Address Breakdown
Residential
1,825
Single Family
1,825
Multi-Family
0
Businesses
52
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joelle E Roberts • Florida Showcase Realty, LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #745775
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it 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 the MLS.