4221 Maine StElktonFL32033
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
Investment Highlights
Rental property for sale in Elkton at 4221 Maine St, Elkton, FL, 32033 priced at $249,900 converts $2,233/mo rent into $522/mo cash flow after a $1,223/mo obligation. Total monthly income equals $2,233/mo, and annual cash flow totals $6,270/yr on $82,842 invested. Return on cash invested prints 27.48% in year one, and rental yield reads 10.72% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 144.31% and total cumulative return in cash sums $119,546. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,233/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Single Family
Built in 2006
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32033, Elkton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,176 (100%) |
| Owner Occupied HU | 1,751 (80.5%) |
| Renter Occupied HU | 258 (11.9%) |
| Vacant Housing Units | 167 ( 7.7%) |
| Median Home Value | $383,380 |
| Average Home Value | $421,982 |
Housing Distribution
Address Breakdown
Residential
2,218
Single Family
2,218
Multi-Family
0
Businesses
97
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices