524 NE 453rd AveOld TownFL32680
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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 Old Town at 524 NE 453rd Ave, Old Town, FL, 32680 listed at $129,000 pairs $1,163/mo rent with a $631/mo payment to leave $307/mo cash flow. Total monthly income runs $1,163/mo, and annual cash flow reaches $3,688/yr on $42,764 cash to close. Return on cash invested measures 28.53% in year one, and rental yield registers 10.82% at a $129,000 basis. Equity gained on principal adds $832/yr, and annual property appreciation at 5% supports $35,640 by year five. Five-year ROI tracks 149.77% and total cumulative return in cash totals $64,045. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,163/mo property income relative to a $631/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1972
1.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32680, Old Town, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,719 (100%) |
| Owner Occupied HU | 3,957 (58.9%) |
| Renter Occupied HU | 731 (10.9%) |
| Vacant Housing Units | 2,031 (30.2%) |
| Median Home Value | $119,342 |
| Average Home Value | $149,539 |
Housing Distribution
Address Breakdown
Residential
4,759
Single Family
4,759
Multi-Family
0
Businesses
148
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Listed by: Sarah Eastman • United Country Smith & Associates Chiefland
Mls Name: Dixie-Gilchrist Levy Counties BOR
Mls Provider:
Mls ID: #794006
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.