8968 SW 116th Place RdOcalaFL34481
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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 Ocala at 8968 SW 116th Place Rd, Ocala, FL, 34481 uses $57,847 cash to close to unlock $4,825/yr annual cash flow and $402/mo monthly cash flow. Total monthly income runs $1,560/mo, and a $854/mo payment keeps the spread at $402/mo. Purchase price stands at $174,500, and rental yield measures 10.73% with $1,560/mo rent. Return on cash invested shows 28.25% in year one, and 5% annual appreciation builds toward $48,211 over five years. Five-year ROI reaches 148.25% and total cumulative return in cash records $85,758. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,560/mo property income covering a $854/mo payment rather than investor’s personal income.
Single Family
Built in 1991
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34481, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,207 (100%) |
| Owner Occupied HU | 14,525 (84.4%) |
| Renter Occupied HU | 1,169 ( 6.8%) |
| Vacant Housing Units | 1,513 ( 8.8%) |
| Median Home Value | $320,437 |
| Average Home Value | $318,623 |
Housing Distribution
Address Breakdown
Residential
16,134
Single Family
12,256
Multi-Family
3,878
Businesses
315
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