81 Old Tung Grove RdMonticelloFL32344
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 Monticello at 81 Old Tung Grove Rd, Monticello, FL, 32344 priced at $725,000 pairs $3,240/mo rent with after a $3,549/mo payment. Total monthly income equals $3,240/mo. Return on cash invested is 12.15% in year one, and rental yield stands at 5.36% on a $725,000 basis. Equity gained on principal adds $4,678/yr, and 5% annual appreciation accumulates to $200,304 by year five. Five-year ROI measures 61.82% and total cumulative return in cash reaches $147,449. For financing, Ziffy Mortgage’s DSCR program evaluates $3,240/mo property income against a $3,549/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
5.38 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: Barry P Kelly • Kelly & Kelly Properties, Inc
Mls Name: TBR
Mls ID: #390741