481 Midway Dr #BOcalaFL34472
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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 Ocala at 481 Midway Dr #B, Ocala, FL, 34472 priced at $126,900 pairs $963/mo rent with $121/mo cash flow after a $621/mo payment. Total monthly income equals $963/mo, and annual cash flow comes to $1,452/yr on $42,067 invested. Return on cash invested is 23.36% in year one, and rental yield stands at 9.11% on a $126,900 basis. Equity gained on principal adds $819/yr, and 5% annual appreciation accumulates to $35,060 by year five. Five-year ROI measures 121.95% and total cumulative return in cash reaches $51,301. For financing, Ziffy Mortgage’s DSCR program evaluates $963/mo property income against a $621/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1972
473 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34472, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,093 (100%) |
| Owner Occupied HU | 10,835 (71.8%) |
| Renter Occupied HU | 2,958 (19.6%) |
| Vacant Housing Units | 1,300 ( 8.6%) |
| Median Home Value | $204,698 |
| Average Home Value | $252,543 |
Housing Distribution
Address Breakdown
Residential
14,477
Single Family
14,083
Multi-Family
394
Businesses
236
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