6863 DEER SPRINGS RoadKeystone HeightsFL32656
Nearby investment properties with comparable rents
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
Rental property for sale in Keystone Heights at 6863 DEER SPRINGS Road, Keystone Heights, FL, 32656 priced at $265,000 pairs $2,062/mo rent with $303/mo cash flow after a $1,297/mo payment. Total monthly income equals $2,062/mo, and annual cash flow comes to $3,642/yr on $87,848 invested. Return on cash invested is 24.05% in year one, and rental yield stands at 9.34% on a $265,000 basis. Equity gained on principal adds $1,710/yr, and 5% annual appreciation accumulates to $73,215 by year five. Five-year ROI measures 125.68% and total cumulative return in cash reaches $110,403. For financing, Ziffy Mortgage’s DSCR program evaluates $2,062/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1990
1.83 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MARGARET KRUSE • CB ISAAC REALTY
Mls Name: realMLS
Mls ID: #2124544