Ocala Road & Southeast Ave #Q2O13JBelleviewFL34420
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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 Belleview at Ocala Road & Southeast Ave #Q2O13J, Belleview, FL, 34420 priced at $304,200 converts $2,399/mo rent into $380/mo cash flow after a $1,489/mo obligation. Total monthly income equals $2,399/mo, and annual cash flow totals $4,562/yr on $100,842 invested. Return on cash invested prints 24.43% in year one, and rental yield reads 9.46% against a $304,200 entry. Equity gained on principal adds $1,963/yr, while 5% annual appreciation compiles into $84,045 by year five. Five-year ROI reaches 127.73% and total cumulative return in cash sums $128,806. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,399/mo property income covering a $1,489/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34420, Belleview, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,847 (100%) |
| Owner Occupied HU | 6,034 (68.2%) |
| Renter Occupied HU | 1,945 (22.0%) |
| Vacant Housing Units | 868 ( 9.8%) |
| Median Home Value | $245,146 |
| Average Home Value | $275,884 |
Housing Distribution
Address Breakdown
Residential
8,150
Single Family
7,417
Multi-Family
733
Businesses
526
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