6848 SPRING LAKE RoadKeystone HeightsFL32656
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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 Keystone Heights at 6848 SPRING LAKE Road, Keystone Heights, FL, 32656 offers a 7.94% rental yield on a $240,000 purchase with $1,588/mo rent. 83% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 103.02% and total cumulative return in cash at $81,962. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,588/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32656, Keystone Heights, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,015 (100%) |
| Owner Occupied HU | 5,099 (72.7%) |
| Renter Occupied HU | 1,009 (14.4%) |
| Vacant Housing Units | 907 (12.9%) |
| Median Home Value | $306,976 |
| Average Home Value | $337,623 |
Housing Distribution
Address Breakdown
Residential
6,367
Single Family
6,349
Multi-Family
18
Businesses
338
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Listed by: SHARMINEE LOPEZ • PARALLEL REALTY LLC
Mls Name: realMLS
Mls ID: #2119825