523 SW Horry AveMadisonFL32340
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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 Madison at 523 SW Horry Ave, Madison, FL, 32340 with 5% annual appreciation on a $121,500 basis while $974/mo rent supports operations. Total monthly income totals $974/mo and a $595/mo payment preserves $158/mo for cash returns. Annual cash flow comes to $1,902/yr on $40,277 deployed, and return on cash invested reaches 24.63% in year one. Equity gained on principal adds $784/yr, and five-year appreciation sums $33,568 alongside rental yield of 9.62%. Five-year ROI measures 128.91% and total cumulative return in cash totals $51,922.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $974/mo property income versus a $595/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32340, Madison, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,847 (100%) |
| Owner Occupied HU | 2,869 (59.2%) |
| Renter Occupied HU | 1,229 (25.4%) |
| Vacant Housing Units | 749 (15.5%) |
| Median Home Value | $142,167 |
| Average Home Value | $204,320 |
Housing Distribution
Address Breakdown
Residential
4,063
Single Family
3,919
Multi-Family
144
Businesses
342
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Listed by: Lynette C Sirmon • All Realty Services
Mls Name: TBR
Mls Provider:
Mls ID: #379615
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.