3737 Magoon AveMimsFL32754
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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 Mims at 3737 Magoon Ave, Mims, FL, 32754 uses $86,667 cash to close to unlock $160/yr annual cash flow and $13/mo monthly cash flow. Total monthly income runs $1,865/mo, and a $1,280/mo payment keeps the spread at $13/mo. Purchase price stands at $261,440, and rental yield measures 8.56% with $1,865/mo rent. Return on cash invested shows 20.09% in year one, and 5% annual appreciation builds toward $72,231 over five years. Five-year ROI reaches 105.04% and total cumulative return in cash records $91,034. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,865/mo property income covering a $1,280/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.93 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: Kara Money • Kara Money, LLC
Mls Name: Space Coast AOR
Mls ID: #1051079
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.