503 SE Sulton LpLake CityFL32025
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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 Lake City at 503 SE Sulton Lp, Lake City, FL, 32025 uses $36,465 cash to close to unlock $2,345/yr annual cash flow and $195/mo monthly cash flow. Total monthly income runs $925/mo, and a $538/mo payment keeps the spread at $195/mo. Purchase price stands at $109,999, and rental yield measures 10.09% with $925/mo rent. Return on cash invested shows 26.34% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 137.98% and total cumulative return in cash records $50,315. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $925/mo property income covering a $538/mo payment rather than investor’s personal income.
Manufactured
Built in 1967
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32025, Lake City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,127 (100%) |
| Owner Occupied HU | 5,155 (56.5%) |
| Renter Occupied HU | 3,163 (34.7%) |
| Vacant Housing Units | 809 ( 8.9%) |
| Median Home Value | $238,613 |
| Average Home Value | $278,138 |
Housing Distribution
Address Breakdown
Residential
8,161
Single Family
7,475
Multi-Family
686
Businesses
689
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Listed by: Traci Dees • Hatcher Realty Services, Inc. Branford
Mls Name: Dixie-Gilchrist Levy Counties BOR
Mls Provider:
Mls ID: #792491
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