812 Sikes StQuincyFL32351
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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 Quincy at 812 Sikes St, Quincy, FL, 32351 uses $70,610 cash to close to unlock $336/yr annual cash flow and $28/mo monthly cash flow. Total monthly income runs $1,442/mo, and a $1,043/mo payment keeps the spread at $28/mo. Purchase price stands at $213,000, and rental yield measures 8.12% with $1,442/mo rent. Return on cash invested shows 20.39% in year one, and 5% annual appreciation builds toward $58,848 over five years. Five-year ROI reaches 106.06% and total cumulative return in cash records $74,889. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,442/mo property income covering a $1,043/mo payment rather than investor’s personal income.
Single Family
Built in 1968
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32351, Quincy, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,563 (100%) |
| Owner Occupied HU | 4,554 (60.2%) |
| Renter Occupied HU | 2,009 (26.6%) |
| Vacant Housing Units | 1,000 (13.2%) |
| Median Home Value | $152,517 |
| Average Home Value | $200,639 |
Housing Distribution
Address Breakdown
Residential
6,697
Single Family
6,393
Multi-Family
304
Businesses
512
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Listed by: Gay P Steffen • Century 21 First Story
Mls Name: TBR
Mls Provider:
Mls ID: #384873
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.