887 NW Apollo DrWellbornFL32094
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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 Wellborn at 887 NW Apollo Dr, Wellborn, FL, 32094 priced at $470,000 converts $1,873/mo rent into after a $2,300/mo obligation. Total monthly income equals $1,873/mo. Return on cash invested prints 10.32% in year one, and rental yield reads 4.78% against a $470,000 entry. Equity gained on principal adds $3,033/yr, while 5% annual appreciation compiles into $129,852 by year five. Five-year ROI reaches 51.99% and total cumulative return in cash sums $81,009. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,873/mo property income covering a $2,300/mo payment, not borrower’s personal income.
Manufactured
Built in 2013
15.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32094, Wellborn, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,257 (100%) |
| Owner Occupied HU | 945 (75.2%) |
| Renter Occupied HU | 178 (14.2%) |
| Vacant Housing Units | 134 (10.7%) |
| Median Home Value | $180,236 |
| Average Home Value | $214,794 |
Housing Distribution
Address Breakdown
Residential
1,257
Single Family
1,257
Multi-Family
0
Businesses
63
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Listed by: Anthony Davis • LPT Realty
Mls Name: NFMLS
Mls Provider:
Mls ID: #125143
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.