7888 Midway Drive Ter #103OcalaFL34472
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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 7888 Midway Drive Ter #103, Ocala, FL, 34472 offers a 14.81% rental yield on a $103,200 purchase with $1,274/mo rent. Total monthly income registers $1,274/mo, and a $505/mo payment leaves $337/mo available for distribution. Annual cash flow reaches $4,047/yr on $34,211 to close, and return on cash invested stands at 31.74% in year one. Equity gained on principal adds $666/yr while 5% annual appreciation supports $28,512 over five years. Portfolio math shows five-year ROI at 170.23% and total cumulative return in cash at $58,237. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,274/mo property income against a $505/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
609 sqft lot
$N/A/sqft
$252 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34472, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,093 (100%) |
| Owner Occupied HU | 10,835 (71.8%) |
| Renter Occupied HU | 2,958 (19.6%) |
| Vacant Housing Units | 1,300 ( 8.6%) |
| Median Home Value | $204,698 |
| Average Home Value | $252,543 |
Housing Distribution
Address Breakdown
Residential
14,477
Single Family
14,083
Multi-Family
394
Businesses
236
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