280 SW Robinson CtLake CityFL32024
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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 280 SW Robinson Ct, Lake City, FL, 32024 with 5% annual appreciation on a $305,000 basis while $3,593/mo rent supports operations. Total monthly income totals $3,593/mo and a $1,493/mo payment preserves $1,546/mo for cash returns. Annual cash flow comes to $18,548/yr on $101,108 deployed, and return on cash invested reaches 38.25% in year one. Equity gained on principal adds $1,968/yr, and five-year appreciation sums $84,266 alongside rental yield of 14.14%. Five-year ROI measures 201.92% and total cumulative return in cash totals $204,154.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,593/mo property income versus a $1,493/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1995
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32024, Lake City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,857 (100%) |
| Owner Occupied HU | 6,997 (79.0%) |
| Renter Occupied HU | 1,260 (14.2%) |
| Vacant Housing Units | 600 ( 6.8%) |
| Median Home Value | $273,669 |
| Average Home Value | $295,730 |
Housing Distribution
Address Breakdown
Residential
8,634
Single Family
8,634
Multi-Family
0
Businesses
201
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Listed by: Heather Damron • FLORIDA HOMES REALTY & MORTGAGE GVILLE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #GC524164
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