6241 N State Route 53MadisonFL32340
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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 Madison at 6241 N State Route 53, Madison, FL, 32340 uses $33,150 cash to close to unlock $3,261/yr annual cash flow and $272/mo monthly cash flow. Total monthly income runs $960/mo, and a $489/mo payment keeps the spread at $272/mo. Purchase price stands at $100,000, and rental yield measures 11.52% with $960/mo rent. Return on cash invested shows 29.75% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 156.54% and total cumulative return in cash records $51,892. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $960/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 1969
1,969 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32340, Madison, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,847 (100%) |
| Owner Occupied HU | 2,869 (59.2%) |
| Renter Occupied HU | 1,229 (25.4%) |
| Vacant Housing Units | 749 (15.5%) |
| Median Home Value | $142,167 |
| Average Home Value | $204,320 |
Housing Distribution
Address Breakdown
Residential
4,063
Single Family
3,919
Multi-Family
144
Businesses
342
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Listed by: Benjamin T Jones • Southern Land & Homes
Mls Name: TBR
Mls Provider:
Mls ID: #391196
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.