7338 S County Road 231Lake ButlerFL32054
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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 Lake Butler at 7338 S County Road 231, Lake Butler, FL, 32054 offers a 9.04% rental yield on a $369,700 purchase with $2,785/mo rent. Total monthly income registers $2,785/mo, and a $1,810/mo payment leaves $332/mo available for distribution. Annual cash flow reaches $3,985/yr on $122,556 to close, and return on cash invested stands at 23.16% in year one. Equity gained on principal adds $2,386/yr while 5% annual appreciation supports $102,141 over five years. Portfolio math shows five-year ROI at 120.89% and total cumulative return in cash at $148,159. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,785/mo property income against a $1,810/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32054, Lake Butler, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,502 (100%) |
| Owner Occupied HU | 3,061 (68.0%) |
| Renter Occupied HU | 1,018 (22.6%) |
| Vacant Housing Units | 423 ( 9.4%) |
| Median Home Value | $231,234 |
| Average Home Value | $264,027 |
Housing Distribution
Address Breakdown
Residential
4,047
Single Family
4,004
Multi-Family
43
Businesses
233
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Nearby investment properties with comparable prices
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