4840 W Spencer Field RdPaceFL32571
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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 Pace at 4840 W Spencer Field Rd, Pace, FL, 32571 uses $41,438 cash to close to unlock $1,467/yr annual cash flow and $122/mo monthly cash flow. Total monthly income runs $952/mo, and a $612/mo payment keeps the spread at $122/mo. Purchase price stands at $125,000, and rental yield measures 9.14% with $952/mo rent. Return on cash invested shows 23.45% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 122.48% and total cumulative return in cash records $50,753. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $952/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32571, Milton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,098 (100%) |
| Owner Occupied HU | 13,714 (80.2%) |
| Renter Occupied HU | 2,759 (16.1%) |
| Vacant Housing Units | 625 ( 3.7%) |
| Median Home Value | $360,595 |
| Average Home Value | $389,458 |
Housing Distribution
Address Breakdown
Residential
16,679
Single Family
16,418
Multi-Family
261
Businesses
644
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Listed by: Ginger Jennings • Levin Rinke Realty
Mls Name: PAR
Mls Provider:
Mls ID: #666645
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