3024 Burbank LnThe VillagesFL32162
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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 The Villages at 3024 Burbank Ln, The Villages, FL, 32162 offers a 9.66% rental yield on a $319,900 purchase with $2,575/mo rent. Total monthly income registers $2,575/mo, and a $1,566/mo payment leaves $452/mo available for distribution. Annual cash flow reaches $5,422/yr on $106,047 to close, and return on cash invested stands at 25.02% in year one. Equity gained on principal adds $2,064/yr while 5% annual appreciation supports $88,382 over five years. Portfolio math shows five-year ROI at 130.84% and total cumulative return in cash at $138,752. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,575/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
5,520 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32162, Lady Lake, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 36,298 (100%) |
| Owner Occupied HU | 29,241 (80.6%) |
| Renter Occupied HU | 2,093 ( 5.8%) |
| Vacant Housing Units | 4,964 (13.7%) |
| Median Home Value | $430,983 |
| Average Home Value | $481,545 |
Housing Distribution
Address Breakdown
Residential
35,031
Single Family
528
Multi-Family
34,503
Businesses
418
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Listed by: Mark Gilbo • GILBO REALTY LLC
Mls Name: Stellar MLS
Mls ID: #G5104763