2845 NE Cherry Lake CirPinettaFL32350
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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 Pinetta at 2845 NE Cherry Lake Cir, Pinetta, FL, 32350 generates $0/mo in rent, after a $6,143/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -4.21% in year one, and rental yield is 0% on a $1,255,000 entry. Equity gained on principal adds $8,098/yr, while 5% annual appreciation builds toward $346,733 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32350, Pinetta, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 735 (100%) |
| Owner Occupied HU | 511 (69.5%) |
| Renter Occupied HU | 87 (11.8%) |
| Vacant Housing Units | 137 (18.6%) |
| Median Home Value | $189,541 |
| Average Home Value | $214,247 |
Housing Distribution
Address Breakdown
Residential
561
Single Family
561
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices