3640 SE 24th AveOcalaFL34471
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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 Ocala at 3640 SE 24th Ave, Ocala, FL, 34471 uses $135,915 cash to close to unlock $4,367/yr annual cash flow and $364/mo monthly cash flow. Total monthly income runs $3,085/mo, and a $2,007/mo payment keeps the spread at $364/mo. Purchase price stands at $410,000, and rental yield measures 9.03% with $3,085/mo rent. Return on cash invested shows 23.12% in year one, and 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 120.65% and total cumulative return in cash records $163,979. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,085/mo property income covering a $2,007/mo payment rather than investor’s personal income.
Single Family
Built in 1980
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34471, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,813 (100%) |
| Owner Occupied HU | 7,079 (55.2%) |
| Renter Occupied HU | 4,596 (35.9%) |
| Vacant Housing Units | 1,138 ( 8.9%) |
| Median Home Value | $368,289 |
| Average Home Value | $401,059 |
Housing Distribution
Address Breakdown
Residential
11,802
Single Family
9,490
Multi-Family
2,312
Businesses
1,569
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Listed by: Breanna Martinez • NextHome Vision Realty
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #837816
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.