47330 E Deer 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 47330 E Deer Rd, Altoona, FL, 32702 uses $41,007 cash to close to unlock $1,603/yr annual cash flow and $134/mo monthly cash flow. Total monthly income runs $954/mo, and a $605/mo payment keeps the spread at $134/mo. Purchase price stands at $123,700, and rental yield measures 9.25% with $954/mo rent. Return on cash invested shows 23.82% in year one, and 5% annual appreciation builds toward $34,176 over five years. Five-year ROI reaches 124.44% and total cumulative return in cash records $51,029. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $954/mo property income covering a $605/mo payment rather than investor’s personal income.
Manufactured
Built in 2013
0.28 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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