3185 NE 38th StOcalaFL34479
Nearby investment properties with comparable rents
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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 Ocala at 3185 NE 38th St, Ocala, FL, 34479 uses $73,195 cash to close to unlock $6,893/yr annual cash flow and $574/mo monthly cash flow. Total monthly income runs $2,040/mo, and a $1,081/mo payment keeps the spread at $574/mo. Purchase price stands at $220,800, and rental yield measures 11.09% with $2,040/mo rent. Return on cash invested shows 29.33% in year one, and 5% annual appreciation builds toward $61,003 over five years. Five-year ROI reaches 153.96% and total cumulative return in cash records $112,690. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $1,081/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34479, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,291 (100%) |
| Owner Occupied HU | 4,518 (71.8%) |
| Renter Occupied HU | 1,384 (22.0%) |
| Vacant Housing Units | 389 ( 6.2%) |
| Median Home Value | $224,402 |
| Average Home Value | $287,078 |
Housing Distribution
Address Breakdown
Residential
5,965
Single Family
5,414
Multi-Family
551
Businesses
227
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