354 Pine Cone DrMonticelloFL32344
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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 Monticello at 354 Pine Cone Dr, Monticello, FL, 32344 priced at $335,000 pairs $3,240/mo rent with $1,017/mo cash flow after a $1,640/mo payment. Total monthly income equals $3,240/mo, and annual cash flow comes to $12,198/yr on $111,053 invested. Return on cash invested is 30.89% in year one, and rental yield stands at 11.61% on a $335,000 basis. Equity gained on principal adds $2,162/yr, and 5% annual appreciation accumulates to $92,554 by year five. Five-year ROI measures 162.34% and total cumulative return in cash reaches $180,284. For financing, Ziffy Mortgage’s DSCR program evaluates $3,240/mo property income against a $1,640/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32344, Monticello, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,100 (100%) |
| Owner Occupied HU | 4,229 (69.3%) |
| Renter Occupied HU | 1,142 (18.7%) |
| Vacant Housing Units | 729 (12.0%) |
| Median Home Value | $238,535 |
| Average Home Value | $295,786 |
Housing Distribution
Address Breakdown
Residential
5,330
Single Family
5,295
Multi-Family
35
Businesses
311
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Listed by: Pamela J Kelly • Kelly & Kelly Properties, Inc
Mls Name: TBR
Mls ID: #392262