3896 Picciola Rd LOT 242Fruitland ParkFL34731
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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 Fruitland Park at 3896 Picciola Rd LOT 242, Fruitland Park, FL, 34731 earns $177/mo cash flow from $1,496/mo rent with a $973/mo payment. Total monthly income totals $1,496/mo, and annual cash flow totals $2,121/yr on $65,902 capital. ROI tracks 23.13% on current figures, and rental yield reads 9.03% at a $198,800 purchase. Equity gained on principal adds $1,283/yr, and 5% annual appreciation supports $54,925 over five years. Five-year ROI reaches 120.71% and total cumulative return in cash sums $79,551. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,496/mo property income instead of your personal income.
Manufactured
Built in 2003
4,081 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34731, Fruitland Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,958 (100%) |
| Owner Occupied HU | 4,261 (71.5%) |
| Renter Occupied HU | 999 (16.8%) |
| Vacant Housing Units | 698 (11.7%) |
| Median Home Value | $293,991 |
| Average Home Value | $326,186 |
Housing Distribution
Address Breakdown
Residential
5,598
Single Family
5,187
Multi-Family
411
Businesses
322
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Listed by: Jill Boyle • HOMEVEST REALTY
Mls Name: Stellar MLS
Mls ID: #O6346304