8836 GRISTMILL WayMiltonFL32583
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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 Milton at 8836 GRISTMILL Way, Milton, FL, 32583 priced at $374,900 converts $2,696/mo rent into $208/mo cash flow after a $1,835/mo obligation. Total monthly income equals $2,696/mo, and annual cash flow totals $2,497/yr on $124,279 invested. Return on cash invested prints 21.92% in year one, and rental yield reads 8.63% against a $374,900 entry. Equity gained on principal adds $2,419/yr, while 5% annual appreciation compiles into $103,578 by year five. Five-year ROI reaches 114.23% and total cumulative return in cash sums $141,967. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,696/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 2020
N/A lot
$N/A/sqft
No HOA
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Listed by: ALEN COWLES • TPR REAL ESTATE GROUP INC
Mls Name: realMLS
Mls Provider:
Mls ID: #2068421
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. Data is deemed reliable but is not guaranteed accurate by realMLS.