9966 SW 62nd TerOcalaFL34476
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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 9966 SW 62nd Ter, Ocala, FL, 34476 offers a 11.25% rental yield on a $231,000 purchase with $2,165/mo rent. Total monthly income registers $2,165/mo, and a $1,131/mo payment leaves $311/mo available for distribution. Annual cash flow reaches $3,728/yr on $76,577 to close, and return on cash invested stands at 24.78% in year one. Equity gained on principal adds $1,491/yr while 5% annual appreciation supports $63,821 over five years. Portfolio math shows five-year ROI at 131.36% and total cumulative return in cash at $100,593. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,165/mo property income against a $1,131/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
8,712 sqft lot
$N/A/sqft
$321 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34476, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,128 (100%) |
| Owner Occupied HU | 12,537 (82.9%) |
| Renter Occupied HU | 1,584 (10.5%) |
| Vacant Housing Units | 1,007 ( 6.7%) |
| Median Home Value | $330,575 |
| Average Home Value | $348,208 |
Housing Distribution
Address Breakdown
Residential
13,956
Single Family
13,483
Multi-Family
473
Businesses
238
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Listed by: Shauna Pengelley • Keller Williams Cornerstone RE
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #839247
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.