809 MINNESOTA AvenueSatsumaFL32189
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
Rental property for sale in Satsuma at 809 MINNESOTA Avenue, Satsuma, FL, 32189 priced at $150,000 pairs $1,174/mo rent with $179/mo cash flow after a $734/mo payment. Total monthly income equals $1,174/mo, and annual cash flow comes to $2,145/yr on $49,725 invested. Return on cash invested is 24.22% in year one, and rental yield stands at 9.39% on a $150,000 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,442 by year five. Five-year ROI measures 126.59% and total cumulative return in cash reaches $62,946. For financing, Ziffy Mortgage’s DSCR program evaluates $1,174/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2024
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32189, Satsuma, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,467 (100%) |
| Owner Occupied HU | 2,237 (64.5%) |
| Renter Occupied HU | 467 (13.5%) |
| Vacant Housing Units | 763 (22.0%) |
| Median Home Value | $121,688 |
| Average Home Value | $206,308 |
Housing Distribution
Address Breakdown
Residential
2,813
Single Family
2,658
Multi-Family
155
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices