624 N LAKE StreetStarkeFL32091
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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 Starke at 624 N LAKE Street, Starke, FL, 32091 earns $452/mo cash flow from $1,746/mo rent with a $954/mo payment. Total monthly income totals $1,746/mo, and annual cash flow totals $5,428/yr on $64,643 capital. ROI tracks 28.31% on current figures, and rental yield reads 10.74% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 148.51% and total cumulative return in cash sums $95,998. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,746/mo property income instead of your personal income.
Single Family
Built in 1946
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32091, Starke, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,906 (100%) |
| Owner Occupied HU | 4,374 (63.3%) |
| Renter Occupied HU | 1,672 (24.2%) |
| Vacant Housing Units | 860 (12.5%) |
| Median Home Value | $178,302 |
| Average Home Value | $244,048 |
Housing Distribution
Address Breakdown
Residential
6,552
Single Family
6,315
Multi-Family
237
Businesses
620
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