2691 NE 272nd AveOld TownFL32680
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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 Old Town at 2691 NE 272nd Ave, Old Town, FL, 32680 generates $1,705/mo in rent and, after a $1,038/mo payment, leaves $171/mo in cash flow. Total monthly income is $1,705/mo, and annual cash flow is $2,055/yr on $70,278 invested. Return on cash invested sits at 22.83% in year one, and rental yield is 9.65% on a $212,000 entry. Equity gained on principal adds $1,368/yr, while 5% annual appreciation builds toward $58,572 over five years. Five-year ROI reaches 119.95% and total cumulative return in cash sums $84,295. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,705/mo property income rather than buyer’s personal income.
Manufactured
Built in 1992
2.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32680, Old Town, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,719 (100%) |
| Owner Occupied HU | 3,957 (58.9%) |
| Renter Occupied HU | 731 (10.9%) |
| Vacant Housing Units | 2,031 (30.2%) |
| Median Home Value | $119,342 |
| Average Home Value | $149,539 |
Housing Distribution
Address Breakdown
Residential
4,759
Single Family
4,759
Multi-Family
0
Businesses
148
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Listed by: Katie Spires • Keller Williams Realty - Elite Partners II
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #831777
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.