708 Lake Shore DrPiersonFL32180
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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 Pierson at 708 Lake Shore Dr, Pierson, FL, 32180 with 5% annual appreciation on a $145,000 basis while $1,117/mo rent supports operations. Total monthly income totals $1,117/mo and a $710/mo payment preserves $154/mo for cash returns. Annual cash flow comes to $1,854/yr on $48,068 deployed, and return on cash invested reaches 23.77% in year one. Equity gained on principal adds $936/yr, and five-year appreciation sums $40,061 alongside rental yield of 9.24%. Five-year ROI measures 124.17% and total cumulative return in cash totals $59,684.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,117/mo property income versus a $710/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32180, Pierson, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,004 (100%) |
| Owner Occupied HU | 1,296 (64.7%) |
| Renter Occupied HU | 340 (17.0%) |
| Vacant Housing Units | 368 (18.4%) |
| Median Home Value | $385,350 |
| Average Home Value | $405,062 |
Housing Distribution
Address Breakdown
Residential
1,394
Single Family
1,330
Multi-Family
64
Businesses
174
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