2970 RAVINES Road #1308MiddleburgFL32068
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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 Middleburg at 2970 RAVINES Road #1308, Middleburg, FL, 32068 uses $59,637 cash to close to unlock $1,880/yr annual cash flow and $157/mo monthly cash flow. Total monthly income runs $1,351/mo, and a $881/mo payment keeps the spread at $157/mo. Purchase price stands at $179,900, and rental yield measures 9.01% with $1,351/mo rent. Return on cash invested shows 23.06% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 120.34% and total cumulative return in cash records $71,769. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,351/mo property income covering a $881/mo payment rather than investor’s personal income.
Condo
Built in 1983
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: BRETT ARNOLD • INI REALTY
Mls Name: realMLS
Mls ID: #2118597