6509 Lakeshore DrMiltonFL32570
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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 Milton at 6509 Lakeshore Dr, Milton, FL, 32570 generates $1,463/mo in rent and, after a $905/mo payment, leaves $236/mo in cash flow. Total monthly income is $1,463/mo, and annual cash flow is $2,829/yr on $61,328 invested. Return on cash invested sits at 24.52% in year one, and rental yield is 9.49% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 128.17% and total cumulative return in cash sums $78,603. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,463/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.25 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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