313 NW Zack DrLake CityFL32055
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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 Lake City at 313 NW Zack Dr, Lake City, FL, 32055 with 5% annual appreciation on a $359,990 basis while $2,566/mo rent supports operations. Total monthly income totals $2,566/mo and a $1,762/mo payment preserves $177/mo for cash returns. Annual cash flow comes to $2,124/yr on $119,337 deployed, and return on cash invested reaches 21.69% in year one. Equity gained on principal adds $2,323/yr, and five-year appreciation sums $99,459 alongside rental yield of 8.55%. Five-year ROI measures 113.02% and total cumulative return in cash totals $134,874.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,566/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32055, Lake City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,579 (100%) |
| Owner Occupied HU | 4,454 (58.8%) |
| Renter Occupied HU | 2,219 (29.3%) |
| Vacant Housing Units | 906 (12.0%) |
| Median Home Value | $242,877 |
| Average Home Value | $258,033 |
Housing Distribution
Address Breakdown
Residential
6,768
Single Family
6,718
Multi-Family
50
Businesses
828
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Listed by: Stan Batten • STAN BATTEN REAL ESTATE, INC.
Mls Name: NFMLS
Mls Provider:
Mls ID: #125752
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.