4243 Southern Palm DrPaceFL32571
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 Pace at 4243 Southern Palm Dr, Pace, FL, 32571 priced at $341,690 converts $2,723/mo rent into $456/mo cash flow after a $1,672/mo obligation. Total monthly income equals $2,723/mo, and annual cash flow totals $5,471/yr on $113,270 invested. Return on cash invested prints 24.74% in year one, and rental yield reads 9.56% against a $341,690 entry. Equity gained on principal adds $2,205/yr, while 5% annual appreciation compiles into $94,403 by year five. Five-year ROI reaches 129.32% and total cumulative return in cash sums $146,481. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,723/mo property income covering a $1,672/mo payment, not borrower’s personal income.
Single Family
Built in 2024
6,635 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32571, Milton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,098 (100%) |
| Owner Occupied HU | 13,714 (80.2%) |
| Renter Occupied HU | 2,759 (16.1%) |
| Vacant Housing Units | 625 ( 3.7%) |
| Median Home Value | $360,595 |
| Average Home Value | $389,458 |
Housing Distribution
Address Breakdown
Residential
16,679
Single Family
16,418
Multi-Family
261
Businesses
644
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices