5110 SW County Road 240Lake CityFL32024
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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 5110 SW County Road 240, Lake City, FL, 32024 earns from $6,492/mo rent with a $6,803/mo payment. Total monthly income totals $6,492/mo. ROI tracks 13.09% on current figures, and rental yield reads 5.6% at a $1,390,000 purchase. Equity gained on principal adds $8,969/yr, and 5% annual appreciation supports $384,031 over five years. Five-year ROI reaches 66.79% and total cumulative return in cash sums $300,780. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,492/mo property income instead of your personal income.
Single Family
Built in 2012
4.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32024, Lake City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,857 (100%) |
| Owner Occupied HU | 6,997 (79.0%) |
| Renter Occupied HU | 1,260 (14.2%) |
| Vacant Housing Units | 600 ( 6.8%) |
| Median Home Value | $273,669 |
| Average Home Value | $295,730 |
Housing Distribution
Address Breakdown
Residential
8,634
Single Family
8,634
Multi-Family
0
Businesses
201
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