7205 NE 61ST AVENUE RoadSilver SpringsFL34488
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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 Silver Springs at 7205 NE 61ST AVENUE Road, Silver Springs, FL, 34488 earns from $4,424/mo rent with a $3,328/mo payment. Total monthly income totals $4,424/mo. ROI tracks 19.41% on current figures, and rental yield reads 7.81% at a $679,900 purchase. Equity gained on principal adds $4,387/yr, and 5% annual appreciation supports $187,844 over five years. Five-year ROI reaches 100.79% and total cumulative return in cash sums $225,449. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,424/mo property income instead of your personal income.
Single Family
Built in 1994
2.53 Acres lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34488, Silver Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,418 (100%) |
| Owner Occupied HU | 3,982 (62.0%) |
| Renter Occupied HU | 1,324 (20.6%) |
| Vacant Housing Units | 1,112 (17.3%) |
| Median Home Value | $168,605 |
| Average Home Value | $231,480 |
Housing Distribution
Address Breakdown
Residential
6,119
Single Family
5,693
Multi-Family
426
Businesses
148
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Listed by: ROGER BUZ • CENTURY 21 LAKESIDE REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2034873
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. Data is deemed reliable but is not guaranteed accurate by realMLS.