418 N 9th StQuincyFL32351
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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 Quincy at 418 N 9th St, Quincy, FL, 32351 uses $132,567 cash to close to unlock $4,098/yr annual cash flow and $342/mo monthly cash flow. Total monthly income runs $2,995/mo, and a $1,957/mo payment keeps the spread at $342/mo. Purchase price stands at $399,900, and rental yield measures 8.99% with $2,995/mo rent. Return on cash invested shows 23% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 120.02% and total cumulative return in cash records $159,104. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,995/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 1948
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32351, Quincy, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,563 (100%) |
| Owner Occupied HU | 4,554 (60.2%) |
| Renter Occupied HU | 2,009 (26.6%) |
| Vacant Housing Units | 1,000 (13.2%) |
| Median Home Value | $152,517 |
| Average Home Value | $200,639 |
Housing Distribution
Address Breakdown
Residential
6,697
Single Family
6,393
Multi-Family
304
Businesses
512
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Listed by: D. Scott Kilgore • Superior Realty Group LLC
Mls Name: TBR
Mls Provider:
Mls ID: #378265
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.