6562 Messer RdGrand RidgeFL32442
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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 Grand Ridge at 6562 Messer Rd, Grand Ridge, FL, 32442 priced at $197,700 pairs $1,284/mo rent with after a $968/mo payment. Total monthly income equals $1,284/mo. Return on cash invested is 19.39% in year one, and rental yield stands at 7.79% on a $197,700 basis. Equity gained on principal adds $1,276/yr, and 5% annual appreciation accumulates to $54,621 by year five. Five-year ROI measures 100.66% and total cumulative return in cash reaches $65,970. For financing, Ziffy Mortgage’s DSCR program evaluates $1,284/mo property income against a $968/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1983
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32442, Grand Ridge, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,748 (100%) |
| Owner Occupied HU | 1,211 (69.3%) |
| Renter Occupied HU | 299 (17.1%) |
| Vacant Housing Units | 238 (13.6%) |
| Median Home Value | $183,778 |
| Average Home Value | $215,033 |
Housing Distribution
Address Breakdown
Residential
1,643
Single Family
1,643
Multi-Family
0
Businesses
42
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Listed by: Debbie Roney Smith • American Gold Realty
Mls Name: CPAR
Mls Provider:
Mls ID: #761655
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.