471 NW Ivy GlnLake 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
Rental property for sale in Lake City at 471 NW Ivy Gln, Lake City, FL, 32055 priced at $239,000 pairs $1,620/mo rent with $34/mo cash flow after a $1,170/mo payment. Total monthly income equals $1,620/mo, and annual cash flow comes to $405/yr on $79,229 invested. Return on cash invested is 20.42% in year one, and rental yield stands at 8.13% on a $239,000 basis. Equity gained on principal adds $1,542/yr, and 5% annual appreciation accumulates to $66,031 by year five. Five-year ROI measures 106.17% and total cumulative return in cash reaches $84,120. For financing, Ziffy Mortgage’s DSCR program evaluates $1,620/mo property income against a $1,170/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2025
1.01 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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