708 Dixon StFort MeadeFL33841
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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 Fort Meade at 708 Dixon St, Fort Meade, FL, 33841 generates $1,200/mo in rent, after a $1,028/mo payment. Total monthly income is $1,200/mo. Return on cash invested sits at 16.57% in year one, and rental yield is 6.86% on a $209,999 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 85.56% and total cumulative return in cash sums $59,559. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,200/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33841, Fort Meade, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,643 (100%) |
| Owner Occupied HU | 2,300 (63.1%) |
| Renter Occupied HU | 619 (17.0%) |
| Vacant Housing Units | 724 (19.9%) |
| Median Home Value | $148,571 |
| Average Home Value | $215,389 |
Housing Distribution
Address Breakdown
Residential
3,393
Single Family
3,217
Multi-Family
176
Businesses
207
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Listed by: Shelley Lopez • KING REAL ESTATE SERVICES
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4945779
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511