6006 E 6TH ManorPalatkaFL32177
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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 6006 E 6TH Manor, Palatka, FL, 32177 listed at $185,000 pairs $1,826/mo rent with a $905/mo payment to leave $544/mo cash flow. Total monthly income runs $1,826/mo, and annual cash flow reaches $6,531/yr on $61,328 cash to close. Return on cash invested measures 30.56% in year one, and rental yield registers 11.84% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 160.98% and total cumulative return in cash totals $98,727. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,826/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2021
6,534 sqft 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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Listed by: CYNTHIA D GROGAN • COLDWELL BANKER VANGUARD REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2085927
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. Data is deemed reliable but is not guaranteed accurate by realMLS.