6515 Salem RdQuincyFL32352
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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 Quincy at 6515 Salem Rd, Quincy, FL, 32352 at $475,000 posts ROI 5.03% with from $1,200/mo rent. Total monthly income equals $1,200/mo. Return on cash invested measures 5.03% and rental yield reads 3.03% at the current $475,000. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 by year five. Five-year ROI prints 23.64% and total cumulative return in cash totals $37,219. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,200/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
11.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32352, Quincy, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,581 (100%) |
| Owner Occupied HU | 1,824 (70.7%) |
| Renter Occupied HU | 458 (17.7%) |
| Vacant Housing Units | 299 (11.6%) |
| Median Home Value | $194,508 |
| Average Home Value | $236,839 |
Housing Distribution
Address Breakdown
Residential
2,322
Single Family
2,322
Multi-Family
0
Businesses
37
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Listed by: Ric Hollifield • Hollifield Real Estate Group
Mls Name: TBR
Mls Provider:
Mls ID: #374797
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.