351 Carter RdQuincyFL32351
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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
Rental property for sale in Quincy at 351 Carter Rd, Quincy, FL, 32351 generates $2,164/mo in rent and, after a $606/mo payment, leaves $1,342/mo in cash flow. Total monthly income is $2,164/mo, and annual cash flow is $16,107/yr on $41,073 invested. Return on cash invested sits at 59.12% in year one, and rental yield is 20.96% on a $123,900 entry. Equity gained on principal adds $800/yr, while 5% annual appreciation builds toward $34,231 over five years. Five-year ROI reaches 313.8% and total cumulative return in cash sums $128,888. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,164/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32351, Quincy, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,563 (100%) |
| Owner Occupied HU | 4,554 (60.2%) |
| Renter Occupied HU | 2,009 (26.6%) |
| Vacant Housing Units | 1,000 (13.2%) |
| Median Home Value | $152,517 |
| Average Home Value | $200,639 |
Housing Distribution
Address Breakdown
Residential
6,697
Single Family
6,393
Multi-Family
304
Businesses
512
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Listed by: Daniel Castaneda • American Realty of PSL, LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #763794
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.