303 SE 2nd StChieflandFL32626
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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 Chiefland at 303 SE 2nd St, Chiefland, FL, 32626 uses $51,349 cash to close to unlock $14,856/yr annual cash flow and $1,238/mo monthly cash flow. Total monthly income runs $2,280/mo, and a $758/mo payment keeps the spread at $1,238/mo. Purchase price stands at $154,900, and rental yield measures 17.66% with $2,280/mo rent. Return on cash invested shows 48.84% in year one, and 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 258.78% and total cumulative return in cash records $132,884. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,280/mo property income covering a $758/mo payment rather than investor’s personal income.
Single Family
Built in 1940
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32626, Chiefland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,610 (100%) |
| Owner Occupied HU | 3,078 (66.8%) |
| Renter Occupied HU | 888 (19.3%) |
| Vacant Housing Units | 644 (14.0%) |
| Median Home Value | $187,500 |
| Average Home Value | $284,986 |
Housing Distribution
Address Breakdown
Residential
3,794
Single Family
3,629
Multi-Family
165
Businesses
331
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Listed by: Trae Nessmith • Hatcher Realty Services, Inc. Cross City
Mls Name: Dixie-Gilchrist Levy Counties BOR
Mls Provider:
Mls ID: #790457
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.