511 SE 3rd StChieflandFL32626
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
Investment property for sale in Chiefland at 511 SE 3rd St, Chiefland, FL, 32626 at $179,900 posts ROI 22.34% with $121/mo cash flow from $1,315/mo rent. Total monthly income equals $1,315/mo, and annual cash flow records $1,448/yr on $59,637 to close. Return on cash invested measures 22.34% and rental yield reads 8.77% at the current $179,900. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 by year five. Five-year ROI prints 116.48% and total cumulative return in cash totals $69,465.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,315/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2023
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32626, Chiefland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,610 (100%) |
| Owner Occupied HU | 3,078 (66.8%) |
| Renter Occupied HU | 888 (19.3%) |
| Vacant Housing Units | 644 (14.0%) |
| Median Home Value | $187,500 |
| Average Home Value | $284,986 |
Housing Distribution
Address Breakdown
Residential
3,794
Single Family
3,629
Multi-Family
165
Businesses
331
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Listed by: Melanie Hutchison • Jim King Realty, Inc. Chiefland
Mls Name: Dixie-Gilchrist Levy Counties BOR
Mls Provider:
Mls ID: #792610
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.