686 Midway Dr #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 686 Midway Dr #B, Ocala, FL, 34472 with 5% annual appreciation on a $130,000 basis while $1,042/mo rent supports operations. Total monthly income totals $1,042/mo and a $636/mo payment preserves $180/mo for cash returns. Annual cash flow comes to $2,155/yr on $43,095 deployed, and return on cash invested reaches 24.91% in year one. Equity gained on principal adds $839/yr, and five-year appreciation sums $35,917 alongside rental yield of 9.62%. Five-year ROI measures 130.27% and total cumulative return in cash totals $56,139.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,042/mo property income versus a $636/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1972
528 sqft 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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