44748 Baldpate RdAltoonaFL32702
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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 Altoona at 44748 Baldpate Rd, Altoona, FL, 32702 offers a 9.46% rental yield on a $150,000 purchase with $1,183/mo rent. Total monthly income registers $1,183/mo, and a $734/mo payment leaves $188/mo available for distribution. Annual cash flow reaches $2,253/yr on $49,725 to close, and return on cash invested stands at 24.44% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 127.75% and total cumulative return in cash at $63,522. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,183/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1962
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32702, Altoona, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,807 (100%) |
| Owner Occupied HU | 1,006 (55.7%) |
| Renter Occupied HU | 441 (24.4%) |
| Vacant Housing Units | 360 (19.9%) |
| Median Home Value | $178,846 |
| Average Home Value | $289,592 |
Housing Distribution
Address Breakdown
Residential
1,435
Single Family
1,240
Multi-Family
195
Businesses
92
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