3966 Shell Landing RdVernonFL32462
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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 Vernon at 3966 Shell Landing Rd, Vernon, FL, 32462 uses $64,626 cash to close to unlock $4,638/yr annual cash flow and $386/mo monthly cash flow. Total monthly income runs $1,680/mo, and a $954/mo payment keeps the spread at $386/mo. Purchase price stands at $194,950, and rental yield measures 10.34% with $1,680/mo rent. Return on cash invested shows 27.08% in year one, and 5% annual appreciation builds toward $53,861 over five years. Five-year ROI reaches 141.97% and total cumulative return in cash records $91,746. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,680/mo property income covering a $954/mo payment rather than investor’s personal income.
Manufactured
Built in 2024
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32462, Vernon, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,946 (100%) |
| Owner Occupied HU | 1,270 (65.3%) |
| Renter Occupied HU | 298 (15.3%) |
| Vacant Housing Units | 378 (19.4%) |
| Median Home Value | $212,414 |
| Average Home Value | $243,492 |
Housing Distribution
Address Breakdown
Residential
1,499
Single Family
1,499
Multi-Family
0
Businesses
81
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