37104 County Road 452Grand IslandFL32735
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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 Grand Island at 37104 County Road 452, Grand Island, FL, 32735 generates $3,320/mo in rent and, after a $1,738/mo payment, leaves $964/mo in cash flow. Total monthly income is $3,320/mo, and annual cash flow is $11,565/yr on $117,683 invested. Return on cash invested sits at 29.74% in year one, and rental yield is 11.22% on a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 156.12% and total cumulative return in cash sums $183,732. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,320/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32735, Grand Island, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,664 (100%) |
| Owner Occupied HU | 2,193 (82.3%) |
| Renter Occupied HU | 308 (11.6%) |
| Vacant Housing Units | 163 ( 6.1%) |
| Median Home Value | $360,988 |
| Average Home Value | $482,739 |
Housing Distribution
Address Breakdown
Residential
2,517
Single Family
2,244
Multi-Family
273
Businesses
51
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Listed by: Melanie Holt • DOWN HOME REALTY, LLLP
Mls Name: Stellar MLS
Mls ID: #G5104531