3855 W Highway 316ReddickFL32686
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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 Reddick at 3855 W Highway 316, Reddick, FL, 32686 uses $57,979 cash to close to unlock $29,273/yr annual cash flow and $2,439/mo monthly cash flow. Total monthly income runs $3,600/mo, and a $856/mo payment keeps the spread at $2,439/mo. Purchase price stands at $174,900, and rental yield measures 24.7% with $3,600/mo rent. Return on cash invested shows 70.4% in year one, and 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 374.2% and total cumulative return in cash records $216,960. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,600/mo property income covering a $856/mo payment rather than investor’s personal income.
Manufactured
Built in 1990
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32686, Reddick, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,776 (100%) |
| Owner Occupied HU | 1,822 (65.6%) |
| Renter Occupied HU | 460 (16.6%) |
| Vacant Housing Units | 494 (17.8%) |
| Median Home Value | $361,867 |
| Average Home Value | $486,017 |
Housing Distribution
Address Breakdown
Residential
1,953
Single Family
1,953
Multi-Family
0
Businesses
103
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