513 Fairways Ln #BOcalaFL34472
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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 Ocala at 513 Fairways Ln #B, Ocala, FL, 34472 generates $1,189/mo in rent and, after a $758/mo payment, leaves $161/mo in cash flow. Total monthly income is $1,189/mo, and annual cash flow is $1,935/yr on $51,349 invested. Return on cash invested sits at 23.68% in year one, and rental yield is 9.21% on a $154,900 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 123.71% and total cumulative return in cash sums $63,524. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,189/mo property income rather than buyer’s personal income.
Condo
Built in 1982
658 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34472, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,093 (100%) |
| Owner Occupied HU | 10,835 (71.8%) |
| Renter Occupied HU | 2,958 (19.6%) |
| Vacant Housing Units | 1,300 ( 8.6%) |
| Median Home Value | $204,698 |
| Average Home Value | $252,543 |
Housing Distribution
Address Breakdown
Residential
14,477
Single Family
14,083
Multi-Family
394
Businesses
236
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