4906 E Us Highway 90 ELake CityFL32055
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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 Lake City at 4906 E Us Highway 90 E, Lake City, FL, 32055 generates $805/mo in rent and, after a $513/mo payment, leaves $109/mo in cash flow. Total monthly income is $805/mo, and annual cash flow is $1,312/yr on $34,774 invested. Return on cash invested sits at 23.68% in year one, and rental yield is 9.21% on a $104,900 entry. Equity gained on principal adds $677/yr, while 5% annual appreciation builds toward $28,982 over five years. Five-year ROI reaches 123.76% and total cumulative return in cash sums $43,038. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $805/mo property income rather than buyer’s personal income.
Manufactured
Built in 1994
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32055, Lake City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,579 (100%) |
| Owner Occupied HU | 4,454 (58.8%) |
| Renter Occupied HU | 2,219 (29.3%) |
| Vacant Housing Units | 906 (12.0%) |
| Median Home Value | $242,877 |
| Average Home Value | $258,033 |
Housing Distribution
Address Breakdown
Residential
6,768
Single Family
6,718
Multi-Family
50
Businesses
828
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Listed by: Sherry Shaheen • ENGEL & VLKERS
Mls Name: NFMLS
Mls Provider:
Mls ID: #127434
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.