709 NE Second AveTrentonFL32693
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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 Trenton at 709 NE Second Ave, Trenton, FL, 32693 generates $1,245/mo in rent and, after a $538/mo payment, leaves $473/mo in cash flow. Total monthly income is $1,245/mo, and annual cash flow is $5,677/yr on $36,432 invested. Return on cash invested sits at 35.49% in year one, and rental yield is 13.59% on a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 187.66% and total cumulative return in cash sums $68,368. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,245/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32693, Trenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,502 (100%) |
| Owner Occupied HU | 4,081 (74.2%) |
| Renter Occupied HU | 916 (16.6%) |
| Vacant Housing Units | 505 ( 9.2%) |
| Median Home Value | $201,960 |
| Average Home Value | $260,731 |
Housing Distribution
Address Breakdown
Residential
5,088
Single Family
5,064
Multi-Family
24
Businesses
302
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Listed by: Burgandy Arrington • Hatcher Realty Services, Inc. Trenton
Mls Name: Dixie-Gilchrist Levy Counties BOR
Mls Provider:
Mls ID: #794576
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.