6351 SE 186th TerMorristonFL32668
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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
Rental property for sale in Morriston at 6351 SE 186th Ter, Morriston, FL, 32668 generates $1,827/mo in rent and, after a $1,140/mo payment, leaves $281/mo in cash flow. Total monthly income is $1,827/mo, and annual cash flow is $3,374/yr on $77,240 invested. Return on cash invested sits at 24.28% in year one, and rental yield is 9.41% on a $233,000 entry. Equity gained on principal adds $1,504/yr, while 5% annual appreciation builds toward $64,374 over five years. Five-year ROI reaches 126.92% and total cumulative return in cash sums $98,029. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,827/mo property income rather than buyer’s personal income.
Manufactured
Built in 1997
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32668, Morriston, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,048 (100%) |
| Owner Occupied HU | 2,332 (76.5%) |
| Renter Occupied HU | 354 (11.6%) |
| Vacant Housing Units | 362 (11.9%) |
| Median Home Value | $280,412 |
| Average Home Value | $344,600 |
Housing Distribution
Address Breakdown
Residential
2,714
Single Family
2,714
Multi-Family
0
Businesses
41
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Listed by: Ayesha Khan • Tropic Shores Realty
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #840078
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