5853 Mora PlElktonFL32033
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
Investment property for sale in Elkton at 5853 Mora Pl, Elkton, FL, 32033 uses $44,753 cash to close to unlock $1,426/yr annual cash flow and $119/mo monthly cash flow. Total monthly income runs $1,015/mo, and a $661/mo payment keeps the spread at $119/mo. Purchase price stands at $135,000, and rental yield measures 9.02% with $1,015/mo rent. Return on cash invested shows 23.1% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 120.53% and total cumulative return in cash records $53,941. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,015/mo property income covering a $661/mo payment rather than investor’s personal income.
Manufactured
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32033, Elkton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,176 (100%) |
| Owner Occupied HU | 1,751 (80.5%) |
| Renter Occupied HU | 258 (11.9%) |
| Vacant Housing Units | 167 ( 7.7%) |
| Median Home Value | $383,380 |
| Average Home Value | $421,982 |
Housing Distribution
Address Breakdown
Residential
2,218
Single Family
2,218
Multi-Family
0
Businesses
97
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices