5177 Gaston RdVernonFL32462
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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 Vernon at 5177 Gaston Rd, Vernon, FL, 32462 priced at $124,999 converts $1,002/mo rent into $172/mo cash flow after a $612/mo obligation. Total monthly income equals $1,002/mo, and annual cash flow totals $2,067/yr on $41,437 invested. Return on cash invested prints 24.9% in year one, and rental yield reads 9.62% against a $124,999 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 130.27% and total cumulative return in cash sums $53,981. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,002/mo property income covering a $612/mo payment, not borrower’s personal income.
Manufactured
Built in 2022
1.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32462, Vernon, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,946 (100%) |
| Owner Occupied HU | 1,270 (65.3%) |
| Renter Occupied HU | 298 (15.3%) |
| Vacant Housing Units | 378 (19.4%) |
| Median Home Value | $212,414 |
| Average Home Value | $243,492 |
Housing Distribution
Address Breakdown
Residential
1,499
Single Family
1,499
Multi-Family
0
Businesses
81
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Listed by: Matthew R Finch • World Impact Real Estate
Mls Name: CPAR
Mls Provider:
Mls ID: #771122
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.