4215 SE 24th TerOcalaFL34480
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 4215 SE 24th Ter, Ocala, FL, 34480 in Ocala at $467,900 earns $3,212/mo in rent and nets $107/mo after the $2,104/mo payment, a 8.24% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $129,272 over five years. Ziffy Mortgage underwrites this on a 1.53 DSCR without U.S. credit history. With $4,309/yr in principal paydown, total projected return reaches $185,254.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 8.2% |
| Monthly Cash Flow | $107 | $425 |
City averages based on Ocala market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,212 |
| Total Monthly Debt Service | $2,919 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1988
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34480, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,948 (100%) |
| Owner Occupied HU | 7,155 (71.9%) |
| Renter Occupied HU | 2,045 (20.6%) |
| Vacant Housing Units | 748 ( 7.5%) |
| Median Home Value | $389,826 |
| Average Home Value | $427,466 |
Housing Distribution
Address Breakdown
Residential
9,793
Single Family
9,665
Multi-Family
128
Businesses
421
Nearby investment properties with comparable rents
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
Single Family
Built in 1988
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34480, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,948 (100%) |
| Owner Occupied HU | 7,155 (71.9%) |
| Renter Occupied HU | 2,045 (20.6%) |
| Vacant Housing Units | 748 ( 7.5%) |
| Median Home Value | $389,826 |
| Average Home Value | $427,466 |
Housing Distribution
Address Breakdown
Residential
9,793
Single Family
9,665
Multi-Family
128
Businesses
421
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denise Bibeau • Re/Max Allstars Realty
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #841545
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.