750 N Cherry StMonticelloFL32344
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 Monticello at 750 N Cherry St, Monticello, FL, 32344 at $149,900 posts ROI 74.12% with $2,245/mo cash flow from $3,240/mo rent. Total monthly income equals $3,240/mo, and annual cash flow records $26,939/yr on $49,692 to close. Return on cash invested measures 74.12% and rental yield reads 25.94% at the current $149,900. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 by year five. Five-year ROI prints 394.13% and total cumulative return in cash totals $195,851.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,240/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2000
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32344, Monticello, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,100 (100%) |
| Owner Occupied HU | 4,229 (69.3%) |
| Renter Occupied HU | 1,142 (18.7%) |
| Vacant Housing Units | 729 (12.0%) |
| Median Home Value | $238,535 |
| Average Home Value | $295,786 |
Housing Distribution
Address Breakdown
Residential
5,330
Single Family
5,295
Multi-Family
35
Businesses
311
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brenna Kelly Ward • Kelly & Kelly Properties, Inc
Mls Name: TBR
Mls Provider:
Mls ID: #377848
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.