405 N OAK AvenueFlorahomeFL32140
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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 Florahome at 405 N OAK Avenue, Florahome, FL, 32140 listed at $117,095 pairs $1,682/mo rent with a $573/mo payment to leave $905/mo cash flow. Total monthly income runs $1,682/mo, and annual cash flow reaches $10,861/yr on $38,817 cash to close. Return on cash invested measures 47.89% in year one, and rental yield registers 17.24% at a $117,095 basis. Equity gained on principal adds $756/yr, and annual property appreciation at 5% supports $32,351 by year five. Five-year ROI tracks 253.61% and total cumulative return in cash totals $98,443. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,682/mo property income relative to a $573/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32140, Florahome, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 843 (100%) |
| Owner Occupied HU | 597 (70.8%) |
| Renter Occupied HU | 80 ( 9.5%) |
| Vacant Housing Units | 166 (19.7%) |
| Median Home Value | $213,477 |
| Average Home Value | $241,503 |
Housing Distribution
Address Breakdown
Residential
766
Single Family
766
Multi-Family
0
Businesses
31
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Listed by: LARISSA RICKETTS-OWENS • MODERN REALTY OF FLORIDA
Mls Name: realMLS
Mls Provider:
Mls ID: #2043471
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. Data is deemed reliable but is not guaranteed accurate by realMLS.