3140 NE 162nd PlCitraFL32113
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Citra at 3140 NE 162nd Pl, Citra, FL, 32113 uses $49,692 cash to close to unlock $1,559/yr annual cash flow and $130/mo monthly cash flow. Total monthly income runs $1,125/mo, and a $734/mo payment keeps the spread at $130/mo. Purchase price stands at $149,900, and rental yield measures 9.01% with $1,125/mo rent. Return on cash invested shows 23.05% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 120.23% and total cumulative return in cash records $59,747. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,125/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 1981
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32113, Citra, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,113 (100%) |
| Owner Occupied HU | 2,105 (67.6%) |
| Renter Occupied HU | 440 (14.1%) |
| Vacant Housing Units | 568 (18.2%) |
| Median Home Value | $209,211 |
| Average Home Value | $263,233 |
Housing Distribution
Address Breakdown
Residential
2,759
Single Family
2,759
Multi-Family
0
Businesses
108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices