7178 NE Hwy 351Old TownFL32680
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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 Old Town at 7178 NE Hwy 351, Old Town, FL, 32680 earns $264/mo cash flow from $2,096/mo rent with a $1,351/mo payment. Total monthly income totals $2,096/mo, and annual cash flow totals $3,172/yr on $91,494 capital. ROI tracks 23.38% on current figures, and rental yield reads 9.11% at a $276,000 purchase. Equity gained on principal adds $1,781/yr, and 5% annual appreciation supports $76,254 over five years. Five-year ROI reaches 122.04% and total cumulative return in cash sums $111,661. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,096/mo property income instead of your personal income.
Manufactured
Built in 2004
10.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32680, Old Town, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,719 (100%) |
| Owner Occupied HU | 3,957 (58.9%) |
| Renter Occupied HU | 731 (10.9%) |
| Vacant Housing Units | 2,031 (30.2%) |
| Median Home Value | $119,342 |
| Average Home Value | $149,539 |
Housing Distribution
Address Breakdown
Residential
4,759
Single Family
4,759
Multi-Family
0
Businesses
148
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Listed by: Kara Markham • Hatcher Realty Services, Inc. Cross City
Mls Name: Dixie-Gilchrist Levy Counties BOR
Mls Provider:
Mls ID: #794836
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.