311 WINSLOW Street NESteinhatcheeFL32359
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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 Steinhatchee at 311 WINSLOW Street NE, Steinhatchee, FL, 32359 offers $2,689/mo rent that, after a $1,713/mo payment, leaves $126/mo cash flow. Total monthly income is $2,689/mo, and annual cash flow is $1,517/yr on $116,022 cash. Return on cash invested measures 21.22% in year one, and rental yield stands at 9.22% at a $349,990 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,696 by year five. Five-year ROI records 111.36% and total cumulative return in cash reaches $129,203. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,689/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
0.31 Acres lot
$N/A/sqft
$240 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32359, Steinhatchee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,308 (100%) |
| Owner Occupied HU | 776 (33.6%) |
| Renter Occupied HU | 123 ( 5.3%) |
| Vacant Housing Units | 1,409 (61.0%) |
| Median Home Value | $157,843 |
| Average Home Value | $241,553 |
Housing Distribution
Address Breakdown
Residential
634
Single Family
633
Multi-Family
1
Businesses
85
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Listed by: NANCY PRUITT • OLYMPUS EXECUTIVE REALTY, INC
Mls Name: realMLS
Mls Provider:
Mls ID: #2061656
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. Data is deemed reliable but is not guaranteed accurate by realMLS.