6 Parker St #3-4Lanark VillageFL32323
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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
Rental property for sale in Lanark Village at 6 Parker St #3-4, Lanark Village, FL, 32323 offers $1,345/mo rent that, after a $871/mo payment, leaves $164/mo cash flow. Total monthly income is $1,345/mo, and annual cash flow is $1,968/yr on $59,007 cash. Return on cash invested measures 23.24% in year one, and rental yield stands at 9.07% at a $178,000 entry. Equity gained on principal adds $1,149/yr while 5% annual appreciation compounds into $49,178 by year five. Five-year ROI records 121.29% and total cumulative return in cash reaches $71,569. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,345/mo property income versus a $871/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1970
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32323, Lanark Village, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 292 (100%) |
| Owner Occupied HU | 90 (30.8%) |
| Renter Occupied HU | 25 ( 8.6%) |
| Vacant Housing Units | 177 (60.6%) |
| Median Home Value | $290,909 |
| Average Home Value | $417,222 |
Housing Distribution
Address Breakdown
Residential
90
Single Family
0
Multi-Family
0
Businesses
8
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Listed by: M. Carlotta Smith Stauffer • Stauffer Realty LLC
Mls Name: TBR
Mls ID: #387683