50-3 E Pine StLanark VillageFL32323
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lanark Village at 50-3 E Pine St, Lanark Village, FL, 32323 offers $1,990/mo rent that, after a $857/mo payment, leaves $828/mo cash flow. Total monthly income is $1,990/mo, and annual cash flow is $9,939/yr on $58,013 cash. Return on cash invested measures 37.04% in year one, and rental yield stands at 13.65% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 195.38% and total cumulative return in cash reaches $113,347. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,990/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1943
1,611 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32323, Lanark Village, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 292 (100%) |
| Owner Occupied HU | 90 (30.8%) |
| Renter Occupied HU | 25 ( 8.6%) |
| Vacant Housing Units | 177 (60.6%) |
| Median Home Value | $290,909 |
| Average Home Value | $417,222 |
Housing Distribution
Address Breakdown
Residential
90
Single Family
0
Multi-Family
0
Businesses
8
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Listed by: Paige Joseph • Anchor Realty Florida
Mls Name: Forgotten Coast Realtor Association
Mls Provider:
Mls ID: #317952
Disclaimer: Property information provided by the RAFGC MLS a service of the REALTOR Association of Franklin & Gulf Counties. IDX information is provided exclusively for consumers personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.