305 SE 1st AveChieflandFL32626
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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 Chiefland at 305 SE 1st Ave, Chiefland, FL, 32626 priced at $199,900 pairs $1,369/mo rent with $43/mo cash flow after a $978/mo payment. Total monthly income equals $1,369/mo, and annual cash flow comes to $514/yr on $66,267 invested. Return on cash invested is 20.68% in year one, and rental yield stands at 8.22% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 107.6% and total cumulative return in cash reaches $71,305. For financing, Ziffy Mortgage’s DSCR program evaluates $1,369/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
0.32 Acres 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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