363 SE Allen PlLake CityFL32025
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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 Lake City at 363 SE Allen Pl, Lake City, FL, 32025 offers $1,543/mo rent that, after a $759/mo payment, leaves $474/mo cash flow. Total monthly income is $1,543/mo, and annual cash flow is $5,691/yr on $51,383 cash. Return on cash invested measures 30.98% in year one, and rental yield stands at 11.95% at a $155,000 entry. Equity gained on principal adds $1,000/yr while 5% annual appreciation compounds into $42,824 by year five. Five-year ROI records 163.25% and total cumulative return in cash reaches $83,884. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,543/mo property income versus a $759/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32025, Lake City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,127 (100%) |
| Owner Occupied HU | 5,155 (56.5%) |
| Renter Occupied HU | 3,163 (34.7%) |
| Vacant Housing Units | 809 ( 8.9%) |
| Median Home Value | $238,613 |
| Average Home Value | $278,138 |
Housing Distribution
Address Breakdown
Residential
8,161
Single Family
7,475
Multi-Family
686
Businesses
689
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Listed by: Missy Zecher • REMAX PROFESSIONALS, INC.
Mls Name: NFMLS
Mls Provider:
Mls ID: #125957
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.