435 Lantern DrKenansvilleFL34739
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
Investment property for sale in Kenansville at 435 Lantern Dr, Kenansville, FL, 34739 offers a 10% rental yield on a $297,500 purchase with $2,479/mo rent. Total monthly income registers $2,479/mo, and a $1,456/mo payment leaves $505/mo available for distribution. Annual cash flow reaches $6,058/yr on $98,621 to close, and return on cash invested stands at 26.05% in year one. Equity gained on principal adds $1,920/yr while 5% annual appreciation supports $82,194 over five years. Portfolio math shows five-year ROI at 136.38% and total cumulative return in cash at $134,503. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,479/mo property income against a $1,456/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34739, Kenansville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 572 (100%) |
| Owner Occupied HU | 320 (55.9%) |
| Renter Occupied HU | 51 ( 8.9%) |
| Vacant Housing Units | 201 (35.1%) |
| Median Home Value | $212,791 |
| Average Home Value | $399,250 |
Housing Distribution
Address Breakdown
Residential
555
Single Family
555
Multi-Family
0
Businesses
31
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Listed by: Cortney Hudson • FLORIDA REALTY RESULTS LLC
Mls Name: Stellar MLS
Mls ID: #S5139945