681 6th StCedar KeyFL32625
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Nearby investment properties with comparable prices
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 Cedar Key at 681 6th St, Cedar Key, FL, 32625 at $339,000 posts ROI 30.38% with $981/mo cash flow from $3,480/mo rent. Total monthly income equals $3,480/mo, and annual cash flow records $11,767/yr on $112,379 to close. Return on cash invested measures 30.38% and rental yield reads 12.32% at the current $339,000. Equity gained on principal adds $2,188/yr, and 5% annual appreciation supports $93,659 by year five. Five-year ROI prints 160.55% and total cumulative return in cash totals $180,424.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,480/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1903
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32625, Cedar Key, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,222 (100%) |
| Owner Occupied HU | 659 (53.9%) |
| Renter Occupied HU | 107 ( 8.8%) |
| Vacant Housing Units | 456 (37.3%) |
| Median Home Value | $324,820 |
| Average Home Value | $398,634 |
Housing Distribution
Address Breakdown
Residential
569
Single Family
569
Multi-Family
0
Businesses
127
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Listed by: Caryn Stephenson • Pelican Realty
Mls Name: Dixie-Gilchrist Levy Counties BOR
Mls Provider:
Mls ID: #794831
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.