706 SW Chapel Hill StLake CityFL32025
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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 Lake City at 706 SW Chapel Hill St, Lake City, FL, 32025 offers $2,034/mo rent that, after a $1,444/mo payment. Total monthly income is $2,034/mo. Return on cash invested measures 18.56% in year one, and rental yield stands at 8.27% at a $295,000 entry. Equity gained on principal adds $1,904/yr while 5% annual appreciation compounds into $81,503 by year five. Five-year ROI records 97.06% and total cumulative return in cash reaches $94,922. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,034/mo property income versus a $1,444/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32025, Lake City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,127 (100%) |
| Owner Occupied HU | 5,155 (56.5%) |
| Renter Occupied HU | 3,163 (34.7%) |
| Vacant Housing Units | 809 ( 8.9%) |
| Median Home Value | $238,613 |
| Average Home Value | $278,138 |
Housing Distribution
Address Breakdown
Residential
8,161
Single Family
7,475
Multi-Family
686
Businesses
689
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Listed by: Chuck Brown • Propertunity Real Estate Pros LLC
Mls Name: NFMLS
Mls Provider:
Mls ID: #128971
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.