395 Slash CirMidwayFL32343
Nearby investment properties with comparable rents
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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 Midway at 395 Slash Cir, Midway, FL, 32343 priced at $219,900 converts $3,490/mo rent into $2,031/mo cash flow after a $1,076/mo obligation. Total monthly income equals $3,490/mo, and annual cash flow totals $24,372/yr on $72,897 invested. Return on cash invested prints 53.34% in year one, and rental yield reads 19.05% against a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,754 by year five. Five-year ROI reaches 282.78% and total cumulative return in cash sums $206,140. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,490/mo property income covering a $1,076/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32343, Midway, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,290 (100%) |
| Owner Occupied HU | 1,002 (77.7%) |
| Renter Occupied HU | 202 (15.7%) |
| Vacant Housing Units | 86 ( 6.7%) |
| Median Home Value | $209,770 |
| Average Home Value | $258,211 |
Housing Distribution
Address Breakdown
Residential
1,402
Single Family
1,307
Multi-Family
95
Businesses
172
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Listed by: Kaye C Bishop • 100% Real Estate
Mls Name: TBR
Mls Provider:
Mls ID: #367664
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.