2910 RAVINES Road #1103MiddleburgFL32068
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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 Middleburg at 2910 RAVINES Road #1103, Middleburg, FL, 32068 generates $1,469/mo in rent and, after a $854/mo payment, leaves $311/mo in cash flow. Total monthly income is $1,469/mo, and annual cash flow is $3,733/yr on $57,847 invested. Return on cash invested sits at 26.36% in year one, and rental yield is 10.1% on a $174,500 entry. Equity gained on principal adds $1,126/yr, while 5% annual appreciation builds toward $48,211 over five years. Five-year ROI reaches 138.13% and total cumulative return in cash sums $79,902. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,469/mo property income rather than buyer’s personal income.
Condo
Built in 1984
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32068, Middleburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,808 (100%) |
| Owner Occupied HU | 18,514 (77.8%) |
| Renter Occupied HU | 4,060 (17.1%) |
| Vacant Housing Units | 1,234 ( 5.2%) |
| Median Home Value | $339,221 |
| Average Home Value | $349,755 |
Housing Distribution
Address Breakdown
Residential
22,770
Single Family
22,515
Multi-Family
255
Businesses
496
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Listed by: MARY SPEARS • FLORIDA HOMES REALTY & MTG LLC
Mls Name: realMLS
Mls ID: #2127419