294 SW Columbia AveLake CityFL32025
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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 294 SW Columbia Ave, Lake City, FL, 32025 at $235,000 posts ROI 27.19% with $473/mo cash flow from $2,032/mo rent. Total monthly income equals $2,032/mo, and annual cash flow records $5,673/yr on $77,903 to close. Return on cash invested measures 27.19% and rental yield reads 10.38% at the current $235,000. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 by year five. Five-year ROI prints 142.49% and total cumulative return in cash totals $111,004.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,032/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1947
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32025, Lake City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,127 (100%) |
| Owner Occupied HU | 5,155 (56.5%) |
| Renter Occupied HU | 3,163 (34.7%) |
| Vacant Housing Units | 809 ( 8.9%) |
| Median Home Value | $238,613 |
| Average Home Value | $278,138 |
Housing Distribution
Address Breakdown
Residential
8,161
Single Family
7,475
Multi-Family
686
Businesses
689
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