285 E 10th WayGreenvilleFL32331
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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 Greenville at 285 E 10th Way, Greenville, FL, 32331 offers a 14.2% rental yield on a $193,000 purchase with $2,284/mo rent. Total monthly income registers $2,284/mo, and a $945/mo payment leaves $1,003/mo available for distribution. Annual cash flow reaches $12,034/yr on $63,980 to close, and return on cash invested stands at 38.72% in year one. Equity gained on principal adds $1,245/yr while 5% annual appreciation supports $53,322 over five years. Portfolio math shows five-year ROI at 204.3% and total cumulative return in cash at $130,710. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,284/mo property income against a $945/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2015
5.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32331, Greenville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,142 (100%) |
| Owner Occupied HU | 1,431 (66.8%) |
| Renter Occupied HU | 294 (13.7%) |
| Vacant Housing Units | 417 (19.5%) |
| Median Home Value | $126,442 |
| Average Home Value | $199,979 |
Housing Distribution
Address Breakdown
Residential
1,702
Single Family
1,702
Multi-Family
0
Businesses
88
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Listed by: Michael D Phillips • Engel & Volkers Tallahassee
Mls Name: TBR
Mls Provider:
Mls ID: #386312
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.