423 9th St NEFort MeadeFL33841
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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 Fort Meade at 423 9th St NE, Fort Meade, FL, 33841 with 5% annual appreciation on a $1,249,900 basis while $5,704/mo rent supports operations. 69% in year one. Equity gained on principal adds $8,065/yr, and five-year appreciation sums $345,324 alongside rental yield of 5.48%. Five-year ROI measures 64.65% and total cumulative return in cash totals $261,822. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,704/mo property income versus a $6,118/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
10.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33841, Fort Meade, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,643 (100%) |
| Owner Occupied HU | 2,300 (63.1%) |
| Renter Occupied HU | 619 (17.0%) |
| Vacant Housing Units | 724 (19.9%) |
| Median Home Value | $148,571 |
| Average Home Value | $215,389 |
Housing Distribution
Address Breakdown
Residential
3,393
Single Family
3,217
Multi-Family
176
Businesses
207
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Listed by: Talmadge Albritton • A.R.E.A. Real Estate Services
Mls Name: HFMLS
Mls ID: #311898
Disclaimer: Copyright Heartland Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.