48077 Meridian TrlHilliardFL32046
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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 Hilliard at 48077 Meridian Trl, Hilliard, FL, 32046 offers $2,624/mo rent that, after a $2,281/mo payment. Total monthly income is $2,624/mo. Return on cash invested measures 15.98% in year one, and rental yield stands at 6.76% at a $466,000 entry. Equity gained on principal adds $3,007/yr while 5% annual appreciation compounds into $128,747 by year five. Five-year ROI records 82.44% and total cumulative return in cash reaches $127,357. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,624/mo property income versus a $2,281/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32046, Hilliard, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,069 (100%) |
| Owner Occupied HU | 3,027 (74.4%) |
| Renter Occupied HU | 784 (19.3%) |
| Vacant Housing Units | 258 ( 6.3%) |
| Median Home Value | $356,963 |
| Average Home Value | $406,535 |
Housing Distribution
Address Breakdown
Residential
3,864
Single Family
3,819
Multi-Family
45
Businesses
232
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Listed by: Denny Lee • FLORIDA HOMES REALTY & MORTGAGE
Mls Name: AINCAR
Mls Provider:
Mls ID: #111558
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.