3-1N-11 W Baker RdAlthaFL32421
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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 Altha at 3-1N-11 W Baker Rd, Altha, FL, 32421 generates $0/mo in rent, after a $489/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -4.1% in year one, and rental yield is 0% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 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 N/A
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32421, Altha, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,919 (100%) |
| Owner Occupied HU | 1,396 (72.7%) |
| Renter Occupied HU | 259 (13.5%) |
| Vacant Housing Units | 264 (13.8%) |
| Median Home Value | $155,430 |
| Average Home Value | $168,225 |
Housing Distribution
Address Breakdown
Residential
1,825
Single Family
1,825
Multi-Family
0
Businesses
52
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices