551 NE State Road 121WillistonFL32696
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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 Williston at 551 NE State Road 121, Williston, FL, 32696 generates $2,619/mo in rent and, after a $1,835/mo payment, leaves $131/mo in cash flow. Total monthly income is $2,619/mo, and annual cash flow is $1,570/yr on $124,313 invested. Return on cash invested sits at 21.17% in year one, and rental yield is 8.38% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 110.2% and total cumulative return in cash sums $136,995. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,619/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32696, Williston, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,898 (100%) |
| Owner Occupied HU | 4,366 (74.0%) |
| Renter Occupied HU | 996 (16.9%) |
| Vacant Housing Units | 536 ( 9.1%) |
| Median Home Value | $265,033 |
| Average Home Value | $315,415 |
Housing Distribution
Address Breakdown
Residential
5,536
Single Family
5,536
Multi-Family
0
Businesses
400
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