6998 Terrapin DrPaceFL32571
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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 Pace at 6998 Terrapin Dr, Pace, FL, 32571 listed at $419,300 pairs $2,909/mo rent with a $2,052/mo payment to leave $127/mo cash flow. Total monthly income runs $2,909/mo, and annual cash flow reaches $1,521/yr on $138,998 cash to close. Return on cash invested measures 21% in year one, and rental yield registers 8.33% at a $419,300 basis. Equity gained on principal adds $2,706/yr, and annual property appreciation at 5% supports $115,845 by year five. Five-year ROI tracks 109.29% and total cumulative return in cash totals $151,911. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,909/mo property income relative to a $2,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32571, Milton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,098 (100%) |
| Owner Occupied HU | 13,714 (80.2%) |
| Renter Occupied HU | 2,759 (16.1%) |
| Vacant Housing Units | 625 ( 3.7%) |
| Median Home Value | $360,595 |
| Average Home Value | $389,458 |
Housing Distribution
Address Breakdown
Residential
16,679
Single Family
16,418
Multi-Family
261
Businesses
644
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