545 Horizon DrKenansvilleFL34739
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Kenansville at 545 Horizon Dr, Kenansville, FL, 34739 offers $1,678/mo rent that, after a $1,184/mo payment, leaves $73/mo cash flow. Total monthly income is $1,678/mo, and annual cash flow is $870/yr on $80,223 cash. Return on cash invested measures 20.99% in year one, and rental yield stands at 8.32% at a $242,000 entry. Equity gained on principal adds $1,562/yr while 5% annual appreciation compounds into $66,860 by year five. Five-year ROI records 109.28% and total cumulative return in cash reaches $87,666. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,678/mo property income versus a $1,184/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2002
8,451 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34739, Kenansville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 572 (100%) |
| Owner Occupied HU | 320 (55.9%) |
| Renter Occupied HU | 51 ( 8.9%) |
| Vacant Housing Units | 201 (35.1%) |
| Median Home Value | $212,791 |
| Average Home Value | $399,250 |
Housing Distribution
Address Breakdown
Residential
555
Single Family
555
Multi-Family
0
Businesses
31
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Listed by: Cortney Hudson • FLORIDA REALTY RESULTS LLC
Mls Name: Stellar MLS
Mls ID: #S5140186