412 Bay St NWFort MeadeFL33841
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Nearby investment properties with comparable prices
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 Fort Meade at 412 Bay St NW, Fort Meade, FL, 33841 priced at $149,990 pairs $1,200/mo rent with $205/mo cash flow after a $734/mo payment. Total monthly income equals $1,200/mo, and annual cash flow comes to $2,457/yr on $49,722 invested. Return on cash invested is 24.85% in year one, and rental yield stands at 9.6% on a $149,990 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,439 by year five. Five-year ROI measures 129.92% and total cumulative return in cash reaches $64,599. For financing, Ziffy Mortgage’s DSCR program evaluates $1,200/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
8,381 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33841, Fort Meade, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,643 (100%) |
| Owner Occupied HU | 2,300 (63.1%) |
| Renter Occupied HU | 619 (17.0%) |
| Vacant Housing Units | 724 (19.9%) |
| Median Home Value | $148,571 |
| Average Home Value | $215,389 |
Housing Distribution
Address Breakdown
Residential
3,393
Single Family
3,217
Multi-Family
176
Businesses
207
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Listed by: Constantin Florean • FUTURE HOME REALTY INC
Mls Name: Stellar MLS
Mls ID: #O6306308