5629 CARIBBEAN CircleKeystone HeightsFL32656
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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 Keystone Heights at 5629 CARIBBEAN Circle, Keystone Heights, FL, 32656 generates $1,948/mo in rent and, after a $918/mo payment, leaves $703/mo in cash flow. Total monthly income is $1,948/mo, and annual cash flow is $8,441/yr on $62,156 invested. Return on cash invested sits at 33.49% in year one, and rental yield is 12.47% on a $187,500 entry. Equity gained on principal adds $1,210/yr, while 5% annual appreciation builds toward $51,803 over five years. Five-year ROI reaches 176.3% and total cumulative return in cash sums $109,579. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,948/mo property income rather than buyer’s personal income.
Manufactured
Built in 1987
1.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32656, Keystone Heights, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,015 (100%) |
| Owner Occupied HU | 5,099 (72.7%) |
| Renter Occupied HU | 1,009 (14.4%) |
| Vacant Housing Units | 907 (12.9%) |
| Median Home Value | $306,976 |
| Average Home Value | $337,623 |
Housing Distribution
Address Breakdown
Residential
6,367
Single Family
6,349
Multi-Family
18
Businesses
338
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Listed by: MELISSA B PELLERITO • FLORIDA HOMES REALTY & MTG LLC
Mls Name: realMLS
Mls Provider:
Mls ID: #2038410
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. Data is deemed reliable but is not guaranteed accurate by realMLS.