513 SE CR 18AStarkeFL32091
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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 Starke at 513 SE CR 18A, Starke, FL, 32091 offers a 9.29% rental yield on a $245,000 purchase with $1,896/mo rent. Total monthly income registers $1,896/mo, and a $1,199/mo payment leaves $270/mo available for distribution. Annual cash flow reaches $3,243/yr on $81,218 to close, and return on cash invested stands at 23.9% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 124.88% and total cumulative return in cash at $101,424. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,896/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32091, Starke, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,906 (100%) |
| Owner Occupied HU | 4,374 (63.3%) |
| Renter Occupied HU | 1,672 (24.2%) |
| Vacant Housing Units | 860 (12.5%) |
| Median Home Value | $178,302 |
| Average Home Value | $244,048 |
Housing Distribution
Address Breakdown
Residential
6,552
Single Family
6,315
Multi-Family
237
Businesses
620
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