4763 Pine Needle StMimsFL32754
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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 Mims at 4763 Pine Needle St, Mims, FL, 32754 offers $1,470/mo rent that, after a $1,028/mo payment, leaves $76/mo cash flow. Total monthly income is $1,470/mo, and annual cash flow is $915/yr on $69,615 cash. Return on cash invested measures 21.22% in year one, and rental yield stands at 8.4% at a $210,000 entry. Equity gained on principal adds $1,355/yr while 5% annual appreciation compounds into $58,019 by year five. Five-year ROI records 110.53% and total cumulative return in cash reaches $76,948. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,470/mo property income versus a $1,028/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1983
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32754, Mims, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,013 (100%) |
| Owner Occupied HU | 4,667 (77.6%) |
| Renter Occupied HU | 658 (10.9%) |
| Vacant Housing Units | 688 (11.4%) |
| Median Home Value | $417,112 |
| Average Home Value | $437,945 |
Housing Distribution
Address Breakdown
Residential
5,800
Single Family
5,780
Multi-Family
20
Businesses
248
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Listed by: James Burket • Noble & Co. R.E. Professionals
Mls Name: Space Coast AOR
Mls ID: #1030824
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.