302 SE Broadway St UNIT 460OcalaFL34471
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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 Ocala at 302 SE Broadway St UNIT 460, Ocala, FL, 34471 offers a 3.99% rental yield on a $509,000 purchase with $1,693/mo rent. 99% in year one. Equity gained on principal adds $3,285/yr while 5% annual appreciation supports $140,627 over five years. Portfolio math shows five-year ROI at 39.49% and total cumulative return in cash at $66,133. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,693/mo property income against a $2,491/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2016
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34471, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,813 (100%) |
| Owner Occupied HU | 7,079 (55.2%) |
| Renter Occupied HU | 4,596 (35.9%) |
| Vacant Housing Units | 1,138 ( 8.9%) |
| Median Home Value | $368,289 |
| Average Home Value | $401,059 |
Housing Distribution
Address Breakdown
Residential
11,802
Single Family
9,490
Multi-Family
2,312
Businesses
1,569
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