4988 Basswood RdBascomFL32423
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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 Bascom at 4988 Basswood Rd, Bascom, FL, 32423 listed at $149,900 pairs $1,163/mo rent with a $734/mo payment to leave $168/mo cash flow. Total monthly income runs $1,163/mo, and annual cash flow reaches $2,015/yr on $49,692 cash to close. Return on cash invested measures 23.96% in year one, and rental yield registers 9.31% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 125.18% and total cumulative return in cash totals $62,207. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,163/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
2.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32423, Bascom, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 617 (100%) |
| Owner Occupied HU | 420 (68.1%) |
| Renter Occupied HU | 83 (13.5%) |
| Vacant Housing Units | 114 (18.5%) |
| Median Home Value | $199,375 |
| Average Home Value | $208,988 |
Housing Distribution
Address Breakdown
Residential
562
Single Family
562
Multi-Family
0
Businesses
17
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Listed by: Scott S Harris • Chipola Realty
Mls Name: CPAR
Mls Provider:
Mls ID: #767637
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.