9640 McMahon AveHastingsFL32145
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hastings at 9640 McMahon Ave, Hastings, FL, 32145 offers a 8.83% rental yield on a $224,000 purchase with $1,649/mo rent. Total monthly income registers $1,649/mo, and a $1,096/mo payment leaves $163/mo available for distribution. Annual cash flow reaches $1,954/yr on $74,256 to close, and return on cash invested stands at 22.54% in year one. Equity gained on principal adds $1,445/yr while 5% annual appreciation supports $61,887 over five years. Portfolio math shows five-year ROI at 117.53% and total cumulative return in cash at $87,271. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,649/mo property income against a $1,096/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32145, Hastings, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,693 (100%) |
| Owner Occupied HU | 2,077 (77.1%) |
| Renter Occupied HU | 352 (13.1%) |
| Vacant Housing Units | 264 ( 9.8%) |
| Median Home Value | $216,616 |
| Average Home Value | $310,785 |
Housing Distribution
Address Breakdown
Residential
2,347
Single Family
2,347
Multi-Family
0
Businesses
110
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