306 S MAGNOLIA AvenueFlorahomeFL32140
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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 Florahome at 306 S MAGNOLIA Avenue, Florahome, FL, 32140 offers $1,634/mo rent that, after a $1,248/mo payment. Total monthly income is $1,634/mo. Return on cash invested measures 19.09% in year one, and rental yield stands at 7.69% at a $254,900 entry. Equity gained on principal adds $1,645/yr while 5% annual appreciation compounds into $70,424 by year five. Five-year ROI records 99.07% and total cumulative return in cash reaches $83,712. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,634/mo property income versus a $1,248/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2005
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32140, Florahome, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 843 (100%) |
| Owner Occupied HU | 597 (70.8%) |
| Renter Occupied HU | 80 ( 9.5%) |
| Vacant Housing Units | 166 (19.7%) |
| Median Home Value | $213,477 |
| Average Home Value | $241,503 |
Housing Distribution
Address Breakdown
Residential
766
Single Family
766
Multi-Family
0
Businesses
31
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