452 Cove DrSatsumaFL32189
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 Satsuma at 452 Cove Dr, Satsuma, FL, 32189 priced at $194,000 converts $1,908/mo rent into $583/mo cash flow after a $950/mo obligation. Total monthly income equals $1,908/mo, and annual cash flow totals $6,996/yr on $64,311 invested. Return on cash invested prints 30.79% in year one, and rental yield reads 11.8% against a $194,000 entry. Equity gained on principal adds $1,252/yr, while 5% annual appreciation compiles into $53,599 by year five. Five-year ROI reaches 162.09% and total cumulative return in cash sums $104,240. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,908/mo property income covering a $950/mo payment, not borrower’s personal income.
Single Family
Built in 1974
10,454 sqft lot
$N/A/sqft
$3 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32189, Satsuma, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,467 (100%) |
| Owner Occupied HU | 2,237 (64.5%) |
| Renter Occupied HU | 467 (13.5%) |
| Vacant Housing Units | 763 (22.0%) |
| Median Home Value | $121,688 |
| Average Home Value | $206,308 |
Housing Distribution
Address Breakdown
Residential
2,813
Single Family
2,658
Multi-Family
155
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices