X Pike Pond RdAlfordFL32420
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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 Alford at X Pike Pond Rd, Alford, FL, 32420 generates $1,140/mo in rent, after a $2,740/mo payment. Total monthly income is $1,140/mo. Return on cash invested sits at 3.28% in year one, and rental yield is 2.44% on a $559,900 entry. Equity gained on principal adds $3,613/yr, while 5% annual appreciation builds toward $154,690 over five years. Five-year ROI reaches 14.25% and total cumulative return in cash sums $26,242. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,140/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32420, Alford, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,304 (100%) |
| Owner Occupied HU | 881 (67.6%) |
| Renter Occupied HU | 164 (12.6%) |
| Vacant Housing Units | 259 (19.9%) |
| Median Home Value | $200,839 |
| Average Home Value | $218,595 |
Housing Distribution
Address Breakdown
Residential
1,079
Single Family
1,079
Multi-Family
0
Businesses
35
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