47730 State Road 19AltoonaFL32702
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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 Altoona at 47730 State Road 19, Altoona, FL, 32702 generates $804/mo in rent and, after a $489/mo payment, leaves $121/mo in cash flow. Total monthly income is $804/mo, and annual cash flow is $1,453/yr on $33,150 invested. Return on cash invested sits at 24.29% in year one, and rental yield is 9.65% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 127.32% and total cumulative return in cash sums $42,208. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $804/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
0.29 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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Listed by: Suzanne Cox • LPT REALTY, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6304211
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511