570 SE Evergreen DrLake CityFL32025
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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 Lake City at 570 SE Evergreen Dr, Lake City, FL, 32025 earns $127/mo cash flow from $3,103/mo rent with a $2,178/mo payment. Total monthly income totals $3,103/mo, and annual cash flow totals $1,519/yr on $147,518 capital. ROI tracks 20.94% on current figures, and rental yield reads 8.37% at a $445,000 purchase. Equity gained on principal adds $2,872/yr, and 5% annual appreciation supports $122,945 over five years. Five-year ROI reaches 109.03% and total cumulative return in cash sums $160,832. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,103/mo property income instead of your personal income.
Single Family
Built in 1961
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32025, Lake City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,127 (100%) |
| Owner Occupied HU | 5,155 (56.5%) |
| Renter Occupied HU | 3,163 (34.7%) |
| Vacant Housing Units | 809 ( 8.9%) |
| Median Home Value | $238,613 |
| Average Home Value | $278,138 |
Housing Distribution
Address Breakdown
Residential
8,161
Single Family
7,475
Multi-Family
686
Businesses
689
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Listed by: Missy Zecher • REMAX PROFESSIONALS, INC.
Mls Name: NFMLS
Mls Provider:
Mls ID: #124838
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.