3124 Hicks RdLoridaFL33857
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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 Lorida at 3124 Hicks Rd, Lorida, FL, 33857 at $535,000 posts ROI 16.6% with from $3,043/mo rent. Total monthly income equals $3,043/mo. Return on cash invested measures 16.6% and rental yield reads 6.83% at the current $535,000. Equity gained on principal adds $3,452/yr, and 5% annual appreciation supports $147,811 by year five. Five-year ROI prints 85.67% and total cumulative return in cash totals $150,796. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,043/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
4.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33857, Lorida, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,391 (100%) |
| Owner Occupied HU | 716 (51.5%) |
| Renter Occupied HU | 129 ( 9.3%) |
| Vacant Housing Units | 546 (39.3%) |
| Median Home Value | $230,208 |
| Average Home Value | $267,402 |
Housing Distribution
Address Breakdown
Residential
845
Single Family
845
Multi-Family
0
Businesses
33
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