4187 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
Rental property for sale in Vernon at 4187 Shell Landing Rd, Vernon, FL, 32462 offers $4,294/mo rent that, after a $4,038/mo payment. Total monthly income is $4,294/mo. Return on cash invested measures 14.84% in year one, and rental yield stands at 6.25% at a $825,000 entry. Equity gained on principal adds $5,324/yr while 5% annual appreciation compounds into $227,932 by year five. Five-year ROI records 76.22% and total cumulative return in cash reaches $206,889. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,294/mo property income versus a $4,038/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
2.10 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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