6261 Morgan RdMiltonFL32570
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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 Milton at 6261 Morgan Rd, Milton, FL, 32570 uses $54,698 cash to close to unlock $2,875/yr annual cash flow and $240/mo monthly cash flow. Total monthly income runs $1,335/mo, and a $808/mo payment keeps the spread at $240/mo. Purchase price stands at $165,000, and rental yield measures 9.71% with $1,335/mo rent. Return on cash invested shows 25.17% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 131.65% and total cumulative return in cash records $72,011. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,335/mo property income covering a $808/mo payment rather than investor’s personal income.
Manufactured
Built in 2018
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32570, Milton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,465 (100%) |
| Owner Occupied HU | 10,483 (67.8%) |
| Renter Occupied HU | 3,830 (24.8%) |
| Vacant Housing Units | 1,152 ( 7.4%) |
| Median Home Value | $326,715 |
| Average Home Value | $354,146 |
Housing Distribution
Address Breakdown
Residential
14,622
Single Family
14,490
Multi-Family
132
Businesses
674
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