7690 SE 193rd AveMorristonFL32668
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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 Morriston at 7690 SE 193rd Ave, Morriston, FL, 32668 listed at $315,000 pairs $2,150/mo rent with a $1,542/mo payment to leave $59/mo cash flow. Total monthly income runs $2,150/mo, and annual cash flow reaches $712/yr on $104,423 cash to close. Return on cash invested measures 20.59% in year one, and rental yield registers 8.19% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 107.11% and total cumulative return in cash totals $111,845. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,150/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2009
2.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32668, Morriston, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,048 (100%) |
| Owner Occupied HU | 2,332 (76.5%) |
| Renter Occupied HU | 354 (11.6%) |
| Vacant Housing Units | 362 (11.9%) |
| Median Home Value | $280,412 |
| Average Home Value | $344,600 |
Housing Distribution
Address Breakdown
Residential
2,714
Single Family
2,714
Multi-Family
0
Businesses
41
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