5929 Nichols RdBascomFL32423
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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 Bascom at 5929 Nichols Rd, Bascom, FL, 32423 earns $198/mo cash flow from $1,259/mo rent with a $783/mo payment. Total monthly income totals $1,259/mo, and annual cash flow totals $2,370/yr on $53,007 capital. ROI tracks 24.38% on current figures, and rental yield reads 9.45% at a $159,900 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 over five years. Five-year ROI reaches 127.47% and total cumulative return in cash sums $67,566. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,259/mo property income instead of your personal income.
Manufactured
Built in 1999
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32423, Bascom, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 617 (100%) |
| Owner Occupied HU | 420 (68.1%) |
| Renter Occupied HU | 83 (13.5%) |
| Vacant Housing Units | 114 (18.5%) |
| Median Home Value | $199,375 |
| Average Home Value | $208,988 |
Housing Distribution
Address Breakdown
Residential
562
Single Family
562
Multi-Family
0
Businesses
17
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