3553 Ellis LnMimsFL32754
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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 Mims at 3553 Ellis Ln, Mims, FL, 32754 generates $2,154/mo in rent and, after a $719/mo payment, leaves $1,111/mo in cash flow. Total monthly income is $2,154/mo, and annual cash flow is $13,338/yr on $48,731 invested. Return on cash invested sits at 47.28% in year one, and rental yield is 17.58% on a $147,000 entry. Equity gained on principal adds $949/yr, while 5% annual appreciation builds toward $40,613 over five years. Five-year ROI reaches 250.83% and total cumulative return in cash sums $122,232. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,154/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32754, Mims, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,013 (100%) |
| Owner Occupied HU | 4,667 (77.6%) |
| Renter Occupied HU | 658 (10.9%) |
| Vacant Housing Units | 688 (11.4%) |
| Median Home Value | $417,112 |
| Average Home Value | $437,945 |
Housing Distribution
Address Breakdown
Residential
5,800
Single Family
5,780
Multi-Family
20
Businesses
248
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Listed by: Scott Fader • Joseph Walter Realty, LLC
Mls Name: Space Coast AOR
Mls ID: #1057843
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.