622 Virginia DrLake HelenFL32744
Nearby investment properties with comparable rents
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 Lake Helen at 622 Virginia Dr, Lake Helen, FL, 32744 priced at $265,000 pairs $2,394/mo rent with $635/mo cash flow after a $1,297/mo payment. Total monthly income equals $2,394/mo, and annual cash flow comes to $7,626/yr on $87,848 invested. Return on cash invested is 28.59% in year one, and rental yield stands at 10.84% on a $265,000 basis. Equity gained on principal adds $1,710/yr, and 5% annual appreciation accumulates to $73,215 by year five. Five-year ROI measures 150% and total cumulative return in cash reaches $131,775. For financing, Ziffy Mortgage’s DSCR program evaluates $2,394/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1981
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32744, Lake Helen, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,983 (100%) |
| Owner Occupied HU | 1,531 (77.2%) |
| Renter Occupied HU | 336 (16.9%) |
| Vacant Housing Units | 116 ( 5.8%) |
| Median Home Value | $452,247 |
| Average Home Value | $465,794 |
Housing Distribution
Address Breakdown
Residential
1,620
Single Family
1,423
Multi-Family
197
Businesses
117
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Listed by: Alec Ribbink • Realty Pros Assured
Mls Name: DBAMLS
Mls ID: #1219858