707 Carlin RdSatsumaFL32189
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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 Satsuma at 707 Carlin Rd, Satsuma, FL, 32189 listed at $105,000 pairs $1,840/mo rent with a $514/mo payment to leave $1,143/mo cash flow. Total monthly income runs $1,840/mo, and annual cash flow reaches $13,717/yr on $34,808 cash to close. Return on cash invested measures 59.32% in year one, and rental yield registers 21.03% at a $105,000 basis. Equity gained on principal adds $678/yr, and annual property appreciation at 5% supports $29,010 by year five. Five-year ROI tracks 314.87% and total cumulative return in cash totals $109,598. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,840/mo property income relative to a $514/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1988
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32189, Satsuma, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,467 (100%) |
| Owner Occupied HU | 2,237 (64.5%) |
| Renter Occupied HU | 467 (13.5%) |
| Vacant Housing Units | 763 (22.0%) |
| Median Home Value | $121,688 |
| Average Home Value | $206,308 |
Housing Distribution
Address Breakdown
Residential
2,813
Single Family
2,658
Multi-Family
155
Businesses
43
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Listed by: Kimberly Bennett • Watson Realty Corp (US1 South)
Mls Name: St Augustine St Johns County BOR
Mls Provider:
Mls ID: #243564
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. 2024 St Augustine & St. Johns County Board of REALTORS. All rights reserved.