534 NE Castagna LnMayoFL32066
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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 Mayo at 534 NE Castagna Ln, Mayo, FL, 32066 offers a 4.11% rental yield on a $710,000 purchase with $2,430/mo rent. 34% in year one. Equity gained on principal adds $4,582/yr while 5% annual appreciation supports $196,160 over five years. Portfolio math shows five-year ROI at 41.36% and total cumulative return in cash at $96,611. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,430/mo property income against a $3,475/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
19.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32066, Mayo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,572 (100%) |
| Owner Occupied HU | 1,749 (68.0%) |
| Renter Occupied HU | 481 (18.7%) |
| Vacant Housing Units | 342 (13.3%) |
| Median Home Value | $145,560 |
| Average Home Value | $185,099 |
Housing Distribution
Address Breakdown
Residential
1,995
Single Family
1,995
Multi-Family
0
Businesses
169
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Listed by: Chuck Brown • Propertunity Real Estate Pros LLC
Mls Name: NFMLS
Mls Provider:
Mls ID: #125959
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.