7696 SW 2nd StOcalaFL34474
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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 Ocala at 7696 SW 2nd St, Ocala, FL, 34474 offers a 9.54% rental yield on a $117,000 purchase with $930/mo rent. Total monthly income registers $930/mo, and a $573/mo payment leaves $153/mo available for distribution. Annual cash flow reaches $1,839/yr on $38,786 to close, and return on cash invested stands at 24.65% in year one. Equity gained on principal adds $755/yr while 5% annual appreciation supports $32,325 over five years. Portfolio math shows five-year ROI at 128.96% and total cumulative return in cash at $50,017. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $930/mo property income against a $573/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1998
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34474, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,721 (100%) |
| Owner Occupied HU | 4,313 (40.2%) |
| Renter Occupied HU | 5,168 (48.2%) |
| Vacant Housing Units | 1,240 (11.6%) |
| Median Home Value | $318,163 |
| Average Home Value | $373,186 |
Housing Distribution
Address Breakdown
Residential
9,194
Single Family
6,185
Multi-Family
3,009
Businesses
979
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