6520 NE 23rd AveOcalaFL34479
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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 Ocala at 6520 NE 23rd Ave, Ocala, FL, 34479 generates $1,440/mo in rent and, after a $709/mo payment, leaves $479/mo in cash flow. Total monthly income is $1,440/mo, and annual cash flow is $5,744/yr on $48,034 invested. Return on cash invested sits at 31.87% in year one, and rental yield is 11.93% on a $144,900 entry. Equity gained on principal adds $935/yr, while 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 167.58% and total cumulative return in cash sums $80,497. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Manufactured
Built in 1982
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34479, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,291 (100%) |
| Owner Occupied HU | 4,518 (71.8%) |
| Renter Occupied HU | 1,384 (22.0%) |
| Vacant Housing Units | 389 ( 6.2%) |
| Median Home Value | $224,402 |
| Average Home Value | $287,078 |
Housing Distribution
Address Breakdown
Residential
5,965
Single Family
5,414
Multi-Family
551
Businesses
227
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