706 DAVID AvenueInterlachenFL32148
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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 Interlachen at 706 DAVID Avenue, Interlachen, FL, 32148 uses $41,404 cash to close to unlock $2,082/yr annual cash flow and $173/mo monthly cash flow. Total monthly income runs $1,002/mo, and a $611/mo payment keeps the spread at $173/mo. Purchase price stands at $124,900, and rental yield measures 9.63% with $1,002/mo rent. Return on cash invested shows 24.94% in year one, and 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 130.44% and total cumulative return in cash records $54,010. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,002/mo property income covering a $611/mo payment rather than investor’s personal income.
Manufactured
Built in 1996
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32148, Interlachen, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,057 (100%) |
| Owner Occupied HU | 4,058 (67.0%) |
| Renter Occupied HU | 999 (16.5%) |
| Vacant Housing Units | 1,000 (16.5%) |
| Median Home Value | $111,836 |
| Average Home Value | $185,614 |
Housing Distribution
Address Breakdown
Residential
4,848
Single Family
4,848
Multi-Family
0
Businesses
178
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Listed by: SUE NICOSIA • NICOSIA REALTY INC.
Mls Name: realMLS
Mls ID: #2104793