7300 Crill Ave LOT 39PalatkaFL32177
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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 Palatka at 7300 Crill Ave LOT 39, Palatka, FL, 32177 uses $61,328 cash to close to unlock $2,685/yr annual cash flow and $224/mo monthly cash flow. Total monthly income runs $1,451/mo, and a $905/mo payment keeps the spread at $224/mo. Purchase price stands at $185,000, and rental yield measures 9.41% with $1,451/mo rent. Return on cash invested shows 24.29% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 126.92% and total cumulative return in cash records $77,835. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,451/mo property income covering a $905/mo payment rather than investor’s personal income.
Manufactured
Built in 1997
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32177, Palatka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,930 (100%) |
| Owner Occupied HU | 7,125 (59.7%) |
| Renter Occupied HU | 3,553 (29.8%) |
| Vacant Housing Units | 1,252 (10.5%) |
| Median Home Value | $196,865 |
| Average Home Value | $299,967 |
Housing Distribution
Address Breakdown
Residential
10,671
Single Family
9,986
Multi-Family
685
Businesses
926
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