907 2nd Ave SESteinhatcheeFL32359
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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 Steinhatchee at 907 2nd Ave SE, Steinhatchee, FL, 32359 earns $285/mo cash flow from $2,027/mo rent with a $1,285/mo payment. Total monthly income totals $2,027/mo, and annual cash flow totals $3,418/yr on $87,019 capital. ROI tracks 23.84% on current figures, and rental yield reads 9.27% at a $262,500 purchase. Equity gained on principal adds $1,694/yr, and 5% annual appreciation supports $72,524 over five years. Five-year ROI reaches 124.48% and total cumulative return in cash sums $108,322. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,027/mo property income instead of your personal income.
Single Family
Built in 1978
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32359, Steinhatchee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,308 (100%) |
| Owner Occupied HU | 776 (33.6%) |
| Renter Occupied HU | 123 ( 5.3%) |
| Vacant Housing Units | 1,409 (61.0%) |
| Median Home Value | $157,843 |
| Average Home Value | $241,553 |
Housing Distribution
Address Breakdown
Residential
634
Single Family
633
Multi-Family
1
Businesses
85
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Listed by: Hope H Webb • The American Dream
Mls Name: TBR
Mls ID: #390496