596 State Road 20PalatkaFL32177
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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 Palatka at 596 State Road 20, Palatka, FL, 32177 listed at $118,826 pairs $2,527/mo rent with a $582/mo payment to leave $1,738/mo cash flow. Total monthly income runs $2,527/mo, and annual cash flow reaches $20,856/yr on $39,391 cash to close. Return on cash invested measures 72.86% in year one, and rental yield registers 25.52% at a $118,826 basis. Equity gained on principal adds $767/yr, and annual property appreciation at 5% supports $32,829 by year five. Five-year ROI tracks 387.5% and total cumulative return in cash totals $152,639. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,527/mo property income relative to a $582/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32177, Palatka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,930 (100%) |
| Owner Occupied HU | 7,125 (59.7%) |
| Renter Occupied HU | 3,553 (29.8%) |
| Vacant Housing Units | 1,252 (10.5%) |
| Median Home Value | $196,865 |
| Average Home Value | $299,967 |
Housing Distribution
Address Breakdown
Residential
10,671
Single Family
9,986
Multi-Family
685
Businesses
926
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