3216 Boone DrVernonFL32462
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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 Vernon at 3216 Boone Dr, Vernon, FL, 32462 at $154,000 posts ROI 31.99% with $514/mo cash flow from $1,536/mo rent. Total monthly income equals $1,536/mo, and annual cash flow records $6,165/yr on $51,051 to close. Return on cash invested measures 31.99% and rental yield reads 11.97% at the current $154,000. Equity gained on principal adds $994/yr, and 5% annual appreciation supports $42,547 by year five. Five-year ROI prints 168.21% and total cumulative return in cash totals $85,874.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,536/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1999
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32462, Vernon, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,946 (100%) |
| Owner Occupied HU | 1,270 (65.3%) |
| Renter Occupied HU | 298 (15.3%) |
| Vacant Housing Units | 378 (19.4%) |
| Median Home Value | $212,414 |
| Average Home Value | $243,492 |
Housing Distribution
Address Breakdown
Residential
1,499
Single Family
1,499
Multi-Family
0
Businesses
81
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Listed by: Scott Kirkman • EXP Realty LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #759165
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it 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 the MLS.