8142 Old Spanish TrlSneadsFL32460
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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 Sneads at 8142 Old Spanish Trl, Sneads, FL, 32460 offers a 8.78% rental yield on a $275,000 purchase with $2,012/mo rent. Total monthly income registers $2,012/mo, and a $1,346/mo payment leaves $187/mo available for distribution. Annual cash flow reaches $2,244/yr on $91,163 to close, and return on cash invested stands at 22.37% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 116.68% and total cumulative return in cash at $106,367. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,012/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32460, Sneads, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,808 (100%) |
| Owner Occupied HU | 1,162 (64.3%) |
| Renter Occupied HU | 395 (21.8%) |
| Vacant Housing Units | 251 (13.9%) |
| Median Home Value | $150,893 |
| Average Home Value | $196,921 |
Housing Distribution
Address Breakdown
Residential
1,621
Single Family
1,546
Multi-Family
75
Businesses
110
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