301 SPORTSMAN DriveWelakaFL32193
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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 Welaka at 301 SPORTSMAN Drive, Welaka, FL, 32193 priced at $139,900 converts $1,076/mo rent into $147/mo cash flow after a $685/mo obligation. Total monthly income equals $1,076/mo, and annual cash flow totals $1,768/yr on $46,377 invested. Return on cash invested prints 23.72% in year one, and rental yield reads 9.23% against a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,652 by year five. Five-year ROI reaches 123.97% and total cumulative return in cash sums $57,495. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,076/mo property income covering a $685/mo payment, not borrower’s personal income.
Manufactured
Built in 1983
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32193, Welaka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 924 (100%) |
| Owner Occupied HU | 444 (48.1%) |
| Renter Occupied HU | 96 (10.4%) |
| Vacant Housing Units | 384 (41.6%) |
| Median Home Value | $317,500 |
| Average Home Value | $463,868 |
Housing Distribution
Address Breakdown
Residential
479
Single Family
409
Multi-Family
70
Businesses
53
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