456 SW Koonville AveLake 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
Investment property for sale in Lake City at 456 SW Koonville Ave, Lake City, FL, 32024 offers a 5.32% rental yield on a $449,000 purchase with $1,990/mo rent. 93% in year one. Equity gained on principal adds $2,897/yr while 5% annual appreciation supports $124,050 over five years. Portfolio math shows five-year ROI at 60.62% and total cumulative return in cash at $90,232. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,990/mo property income against a $2,198/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
11.59 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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