812 N Thompson StStarkeFL32091
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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
Rental property for sale in Starke at 812 N Thompson St, Starke, FL, 32091 generates $1,208/mo in rent and, after a $742/mo payment, leaves $202/mo in cash flow. Total monthly income is $1,208/mo, and annual cash flow is $2,426/yr on $50,222 invested. Return on cash invested sits at 24.74% in year one, and rental yield is 9.57% on a $151,500 entry. Equity gained on principal adds $978/yr, while 5% annual appreciation builds toward $41,857 over five years. Five-year ROI reaches 129.4% and total cumulative return in cash sums $64,989. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,208/mo property income rather than buyer’s personal income.
Manufactured
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32091, Starke, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,906 (100%) |
| Owner Occupied HU | 4,374 (63.3%) |
| Renter Occupied HU | 1,672 (24.2%) |
| Vacant Housing Units | 860 (12.5%) |
| Median Home Value | $178,302 |
| Average Home Value | $244,048 |
Housing Distribution
Address Breakdown
Residential
6,552
Single Family
6,315
Multi-Family
237
Businesses
620
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