437 E Lake RdQuincyFL32351
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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 Quincy at 437 E Lake Rd, Quincy, FL, 32351 with 5% annual appreciation on a $143,000 basis while $1,083/mo rent supports operations. Total monthly income totals $1,083/mo and a $700/mo payment preserves $134/mo for cash returns. Annual cash flow comes to $1,607/yr on $47,405 deployed, and return on cash invested reaches 23.3% in year one. Equity gained on principal adds $923/yr, and five-year appreciation sums $39,508 alongside rental yield of 9.09%. Five-year ROI measures 121.62% and total cumulative return in cash totals $57,652.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,083/mo property income versus a $700/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1987
22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32351, Quincy, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,563 (100%) |
| Owner Occupied HU | 4,554 (60.2%) |
| Renter Occupied HU | 2,009 (26.6%) |
| Vacant Housing Units | 1,000 (13.2%) |
| Median Home Value | $152,517 |
| Average Home Value | $200,639 |
Housing Distribution
Address Breakdown
Residential
6,697
Single Family
6,393
Multi-Family
304
Businesses
512
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