421 SW 3rd StOcalaFL34471
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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 Ocala at 421 SW 3rd St, Ocala, FL, 34471 offers $1,270/mo rent that, after a $719/mo payment, leaves $295/mo cash flow. Total monthly income is $1,270/mo, and annual cash flow is $3,540/yr on $48,731 cash. Return on cash invested measures 27.17% in year one, and rental yield stands at 10.37% at a $147,000 entry. Equity gained on principal adds $949/yr while 5% annual appreciation compounds into $40,613 by year five. Five-year ROI records 142.33% and total cumulative return in cash reaches $69,360. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,270/mo property income versus a $719/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1943
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34471, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,813 (100%) |
| Owner Occupied HU | 7,079 (55.2%) |
| Renter Occupied HU | 4,596 (35.9%) |
| Vacant Housing Units | 1,138 ( 8.9%) |
| Median Home Value | $368,289 |
| Average Home Value | $401,059 |
Housing Distribution
Address Breakdown
Residential
11,802
Single Family
9,490
Multi-Family
2,312
Businesses
1,569
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Listed by: Anthony Alfarone • KELLER WILLIAMS CORNERSTONE RE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #OM691990
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511