602 Hickory HlLady LakeFL32159
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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 Lady Lake at 602 Hickory Hl, Lady Lake, FL, 32159 uses $35,769 cash to close to unlock $24,253/yr annual cash flow and $2,021/mo monthly cash flow. Total monthly income runs $2,737/mo, and a $528/mo payment keeps the spread at $2,021/mo. Purchase price stands at $107,900, and rental yield measures 30.44% with $2,737/mo rent. Return on cash invested shows 87.71% in year one, and 5% annual appreciation builds toward $29,811 over five years. Five-year ROI reaches 467.2% and total cumulative return in cash records $167,112. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,737/mo property income covering a $528/mo payment rather than investor’s personal income.
Manufactured
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32159, Lady Lake, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,860 (100%) |
| Owner Occupied HU | 13,610 (68.5%) |
| Renter Occupied HU | 3,064 (15.4%) |
| Vacant Housing Units | 3,186 (16.0%) |
| Median Home Value | $352,165 |
| Average Home Value | $367,814 |
Housing Distribution
Address Breakdown
Residential
18,353
Single Family
6,385
Multi-Family
11,968
Businesses
722
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