512 Water Oak CtFort MeadeFL33841
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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 Fort Meade at 512 Water Oak Ct, Fort Meade, FL, 33841 generates $4,712/mo in rent and, after a $2,912/mo payment, leaves $764/mo in cash flow. Total monthly income is $4,712/mo, and annual cash flow is $9,165/yr on $195,755 invested. Return on cash invested sits at 24.74% in year one, and rental yield is 9.5% on a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 129.32% and total cumulative return in cash sums $253,142. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,712/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
3.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33841, Fort Meade, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,643 (100%) |
| Owner Occupied HU | 2,300 (63.1%) |
| Renter Occupied HU | 619 (17.0%) |
| Vacant Housing Units | 724 (19.9%) |
| Median Home Value | $148,571 |
| Average Home Value | $215,389 |
Housing Distribution
Address Breakdown
Residential
3,393
Single Family
3,217
Multi-Family
176
Businesses
207
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Listed by: Kimberly Greear • HALLMARK REALTY LLC
Mls Name: Stellar MLS
Mls ID: #L4954181