640 NW Firefly WayMadisonFL32340
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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 Madison at 640 NW Firefly Way, Madison, FL, 32340 priced at $259,000 converts $1,667/mo rent into after a $1,268/mo obligation. Total monthly income equals $1,667/mo. Return on cash invested prints 19.18% in year one, and rental yield reads 7.72% against a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,557 by year five. Five-year ROI reaches 99.52% and total cumulative return in cash sums $85,444. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,667/mo property income covering a $1,268/mo payment, not borrower’s personal income.
Manufactured
Built in 1981
25 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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