6006 Ira L Smith RdShady GroveFL32331
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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
Rental property for sale in Shady Grove at 6006 Ira L Smith Rd, Shady Grove, FL, 32331 generates $1,672/mo in rent and, after a $881/mo payment, leaves $478/mo in cash flow. Total monthly income is $1,672/mo, and annual cash flow is $5,730/yr on $59,670 invested. Return on cash invested sits at 29.51% in year one, and rental yield is 11.15% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 154.98% and total cumulative return in cash sums $92,477. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,672/mo property income rather than buyer’s personal income.
Manufactured
Built in 2015
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32331, Greenville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,142 (100%) |
| Owner Occupied HU | 1,431 (66.8%) |
| Renter Occupied HU | 294 (13.7%) |
| Vacant Housing Units | 417 (19.5%) |
| Median Home Value | $126,442 |
| Average Home Value | $199,979 |
Housing Distribution
Address Breakdown
Residential
1,702
Single Family
1,702
Multi-Family
0
Businesses
88
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Listed by: Hope H Webb • The American Dream
Mls Name: TBR
Mls ID: #390720