505 Suwannee AveLive OakFL32064
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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 Live Oak at 505 Suwannee Ave, Live Oak, FL, 32064 offers $1,272/mo rent that, after a $827/mo payment, leaves $151/mo cash flow. Total monthly income is $1,272/mo, and annual cash flow is $1,808/yr on $56,024 cash. Return on cash invested measures 23.14% in year one, and rental yield stands at 9.03% at a $169,000 entry. Equity gained on principal adds $1,091/yr while 5% annual appreciation compounds into $46,692 by year five. Five-year ROI records 120.78% and total cumulative return in cash reaches $67,663. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,272/mo property income versus a $827/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32064, Live Oak, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,323 (100%) |
| Owner Occupied HU | 1,678 (50.5%) |
| Renter Occupied HU | 1,239 (37.3%) |
| Vacant Housing Units | 406 (12.2%) |
| Median Home Value | $179,538 |
| Average Home Value | $190,061 |
Housing Distribution
Address Breakdown
Residential
2,556
Single Family
2,390
Multi-Family
166
Businesses
635
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Listed by: Glenda McCall • POOLE REALTY INC.
Mls Name: NFMLS
Mls Provider:
Mls ID: #128325
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.