862 Spring AveOkahumpkaFL34762
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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 Okahumpka at 862 Spring Ave, Okahumpka, FL, 34762 priced at $292,800 pairs $2,640/mo rent with $697/mo cash flow after a $1,433/mo payment. Total monthly income equals $2,640/mo, and annual cash flow comes to $8,364/yr on $97,063 invested. Return on cash invested is 28.53% in year one, and rental yield stands at 10.82% on a $292,800 basis. Equity gained on principal adds $1,889/yr, and 5% annual appreciation accumulates to $80,895 by year five. Five-year ROI measures 149.67% and total cumulative return in cash reaches $145,279. For financing, Ziffy Mortgage’s DSCR program evaluates $2,640/mo property income against a $1,433/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34762, Okahumpka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,795 (100%) |
| Owner Occupied HU | 3,827 (66.0%) |
| Renter Occupied HU | 157 ( 2.7%) |
| Vacant Housing Units | 1,811 (31.3%) |
| Median Home Value | $157,442 |
| Average Home Value | $237,742 |
Housing Distribution
Address Breakdown
Residential
2,835
Single Family
273
Multi-Family
2,562
Businesses
72
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