462 NW Fiddlers LnLake CityFL32055
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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 462 NW Fiddlers Ln, Lake City, FL, 32055 earns $723/mo cash flow from $2,587/mo rent with a $1,366/mo payment. Total monthly income totals $2,587/mo, and annual cash flow totals $8,670/yr on $92,489 capital. ROI tracks 29.28% on current figures, and rental yield reads 11.13% at a $279,000 purchase. Equity gained on principal adds $1,800/yr, and 5% annual appreciation supports $77,083 over five years. Five-year ROI reaches 153.78% and total cumulative return in cash sums $142,231. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,587/mo property income instead of your personal income.
Single Family
Built in 2006
5.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32055, Lake City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,579 (100%) |
| Owner Occupied HU | 4,454 (58.8%) |
| Renter Occupied HU | 2,219 (29.3%) |
| Vacant Housing Units | 906 (12.0%) |
| Median Home Value | $242,877 |
| Average Home Value | $258,033 |
Housing Distribution
Address Breakdown
Residential
6,768
Single Family
6,718
Multi-Family
50
Businesses
828
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Listed by: Samantha Prueter • United Country Real Estate|Lifestyle Properties
Mls Name: NFMLS
Mls Provider:
Mls ID: #125415
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.