7013 ELFO 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 7013 ELFO Road, Keystone Heights, FL, 32656 offers $2,171/mo rent that, after a $1,982/mo payment. Total monthly income is $2,171/mo. Return on cash invested measures 15.29% in year one, and rental yield stands at 6.43% at a $405,000 entry. Equity gained on principal adds $2,613/yr while 5% annual appreciation compounds into $111,894 by year five. Five-year ROI records 78.68% and total cumulative return in cash reaches $105,638. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,171/mo property income versus a $1,982/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
1.17 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: DEBORAH SUSAN HOFFMAN • FLORIDA HOMES REALTY & MTG LLC
Mls Name: realMLS
Mls ID: #2086976