6016 Las Nubes #584ElktonFL32033
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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 Elkton at 6016 Las Nubes #584, Elkton, FL, 32033 uses $72,234 cash to close to unlock $798/yr annual cash flow and $66/mo monthly cash flow. Total monthly income runs $1,513/mo, and a $1,067/mo payment keeps the spread at $66/mo. Purchase price stands at $217,900, and rental yield measures 8.33% with $1,513/mo rent. Return on cash invested shows 21.01% in year one, and 5% annual appreciation builds toward $60,202 over five years. Five-year ROI reaches 109.38% and total cumulative return in cash records $79,008. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,513/mo property income covering a $1,067/mo payment rather than investor’s personal income.
Manufactured
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32033, Elkton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,176 (100%) |
| Owner Occupied HU | 1,751 (80.5%) |
| Renter Occupied HU | 258 (11.9%) |
| Vacant Housing Units | 167 ( 7.7%) |
| Median Home Value | $383,380 |
| Average Home Value | $421,982 |
Housing Distribution
Address Breakdown
Residential
2,218
Single Family
2,218
Multi-Family
0
Businesses
97
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