6607 Lakewood Dr APT BOcalaFL34472
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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 Ocala at 6607 Lakewood Dr APT B, Ocala, FL, 34472 uses $43,062 cash to close to unlock $1,401/yr annual cash flow and $117/mo monthly cash flow. Total monthly income runs $979/mo, and a $636/mo payment keeps the spread at $117/mo. Purchase price stands at $129,900, and rental yield measures 9.04% with $979/mo rent. Return on cash invested shows 23.16% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 120.88% and total cumulative return in cash records $52,051. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $979/mo property income covering a $636/mo payment rather than investor’s personal income.
Manufactured
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34472, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,093 (100%) |
| Owner Occupied HU | 10,835 (71.8%) |
| Renter Occupied HU | 2,958 (19.6%) |
| Vacant Housing Units | 1,300 ( 8.6%) |
| Median Home Value | $204,698 |
| Average Home Value | $252,543 |
Housing Distribution
Address Breakdown
Residential
14,477
Single Family
14,083
Multi-Family
394
Businesses
236
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