3 Spring Lane WayOcalaFL34472
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ocala at 3 Spring Lane Way, Ocala, FL, 34472 at $175,000 posts ROI 30.4% with $507/mo cash flow from $1,749/mo rent. Total monthly income equals $1,749/mo, and annual cash flow records $6,084/yr on $58,013 to close. Return on cash invested measures 30.4% and rental yield reads 11.99% at the current $175,000. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 by year five. Five-year ROI prints 160.26% and total cumulative return in cash totals $92,971.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,749/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34472, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,093 (100%) |
| Owner Occupied HU | 10,835 (71.8%) |
| Renter Occupied HU | 2,958 (19.6%) |
| Vacant Housing Units | 1,300 ( 8.6%) |
| Median Home Value | $204,698 |
| Average Home Value | $252,543 |
Housing Distribution
Address Breakdown
Residential
14,477
Single Family
14,083
Multi-Family
394
Businesses
236
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Listed by: Steven Koleno • BEYCOME OF FLORIDA LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6302418
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511