5552 Mill Race CirPaceFL32571
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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 Pace at 5552 Mill Race Cir, Pace, FL, 32571 offers a 5.62% rental yield on a $499,500 purchase with $2,340/mo rent. 84% in year one. Equity gained on principal adds $3,223/yr while 5% annual appreciation supports $138,003 over five years. Portfolio math shows five-year ROI at 65.56% and total cumulative return in cash at $108,559. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,340/mo property income against a $2,445/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32571, Milton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,098 (100%) |
| Owner Occupied HU | 13,714 (80.2%) |
| Renter Occupied HU | 2,759 (16.1%) |
| Vacant Housing Units | 625 ( 3.7%) |
| Median Home Value | $360,595 |
| Average Home Value | $389,458 |
Housing Distribution
Address Breakdown
Residential
16,679
Single Family
16,418
Multi-Family
261
Businesses
644
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