6979 SE 83rd CtNewberryFL32669
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 Newberry at 6979 SE 83rd Ct, Newberry, FL, 32669 generates $1,806/mo in rent and, after a $954/mo payment, leaves $513/mo in cash flow. Total monthly income is $1,806/mo, and annual cash flow is $6,151/yr on $64,609 invested. Return on cash invested sits at 29.43% in year one, and rental yield is 11.12% on a $194,900 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 154.5% and total cumulative return in cash sums $99,819. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,806/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32669, Newberry, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,320 (100%) |
| Owner Occupied HU | 6,444 (77.5%) |
| Renter Occupied HU | 1,209 (14.5%) |
| Vacant Housing Units | 667 ( 8.0%) |
| Median Home Value | $379,117 |
| Average Home Value | $459,088 |
Housing Distribution
Address Breakdown
Residential
7,786
Single Family
7,223
Multi-Family
563
Businesses
475
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trae Nessmith • Hatcher Realty Services, Inc. Cross City
Mls Name: Dixie-Gilchrist Levy Counties BOR
Mls Provider:
Mls ID: #795071
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.