6701 Nova RdSaint CloudFL34771
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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 Saint Cloud at 6701 Nova Rd, Saint Cloud, FL, 34771 uses $94,478 cash to close to unlock $6,823/yr annual cash flow and $569/mo monthly cash flow. Total monthly income runs $2,460/mo, and a $1,395/mo payment keeps the spread at $569/mo. Purchase price stands at $285,000, and rental yield measures 10.36% with $2,460/mo rent. Return on cash invested shows 27.13% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 142.16% and total cumulative return in cash records $134,310. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,460/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Manufactured
Built in 2001
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34771, Saint Cloud, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,721 (100%) |
| Owner Occupied HU | 13,479 (85.7%) |
| Renter Occupied HU | 1,028 ( 6.5%) |
| Vacant Housing Units | 1,214 ( 7.7%) |
| Median Home Value | $458,820 |
| Average Home Value | $507,265 |
Housing Distribution
Address Breakdown
Residential
14,634
Single Family
13,406
Multi-Family
1,228
Businesses
315
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Listed by: Scott Callaway • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls ID: #O6359187