437 SW Pecan GlnLake CityFL32024
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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
Rental property for sale in Lake City at 437 SW Pecan Gln, Lake City, FL, 32024 priced at $205,000 pairs $1,982/mo rent with $622/mo cash flow after a $1,003/mo payment. Total monthly income equals $1,982/mo, and annual cash flow comes to $7,464/yr on $67,958 invested. Return on cash invested is 30.89% in year one, and rental yield stands at 11.6% on a $205,000 basis. Equity gained on principal adds $1,323/yr, and 5% annual appreciation accumulates to $56,638 by year five. Five-year ROI measures 162.29% and total cumulative return in cash reaches $110,286. For financing, Ziffy Mortgage’s DSCR program evaluates $1,982/mo property income against a $1,003/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1994
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32024, Lake City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,857 (100%) |
| Owner Occupied HU | 6,997 (79.0%) |
| Renter Occupied HU | 1,260 (14.2%) |
| Vacant Housing Units | 600 ( 6.8%) |
| Median Home Value | $273,669 |
| Average Home Value | $295,730 |
Housing Distribution
Address Breakdown
Residential
8,634
Single Family
8,634
Multi-Family
0
Businesses
201
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