71 E 3rd AveHorseshoe BeachFL32648
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Horseshoe Beach at 71 E 3rd Ave, Horseshoe Beach, FL, 32648 listed at $299,000 pairs $2,013/mo rent with a $1,463/mo payment to leave $29/mo cash flow. Total monthly income runs $2,013/mo, and annual cash flow reaches $351/yr on $99,119 cash to close. Return on cash invested measures 20.26% in year one, and rental yield registers 8.08% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 105.35% and total cumulative return in cash totals $104,422. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,013/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32648, Horseshoe Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 616 (100%) |
| Owner Occupied HU | 185 (30.0%) |
| Renter Occupied HU | 31 ( 5.0%) |
| Vacant Housing Units | 400 (64.9%) |
| Median Home Value | $162,500 |
| Average Home Value | $196,905 |
Housing Distribution
Address Breakdown
Residential
117
Single Family
117
Multi-Family
0
Businesses
7
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Bryan • Compass Realty
Mls Name: Dixie-Gilchrist Levy Counties BOR
Mls Provider:
Mls ID: #794011
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.