6980 NE 5th St #1OcalaFL34470
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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
Rental property for sale in Ocala at 6980 NE 5th St #1, Ocala, FL, 34470 generates $1,295/mo in rent and, after a $808/mo payment, leaves $200/mo in cash flow. Total monthly income is $1,295/mo, and annual cash flow is $2,395/yr on $54,698 invested. Return on cash invested sits at 24.29% in year one, and rental yield is 9.42% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 126.94% and total cumulative return in cash sums $69,431. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,295/mo property income rather than buyer’s personal income.
Manufactured
Built in 2022
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34470, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,189 (100%) |
| Owner Occupied HU | 5,766 (56.6%) |
| Renter Occupied HU | 3,623 (35.6%) |
| Vacant Housing Units | 800 ( 7.9%) |
| Median Home Value | $223,471 |
| Average Home Value | $287,143 |
Housing Distribution
Address Breakdown
Residential
9,663
Single Family
8,238
Multi-Family
1,425
Businesses
1,264
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