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3737 SW 150TH LOOP
About This Property
Located in desirable Marion Oaks, this home is in the heart of Ocala's rapidly expanding market. Ocala continues to attract new residents and businesses thanks to its affordability, growing economy, and exceptional quality of life, creating strong demand for rental housing. Known as the Horse Capital of the World, Ocala offers convenient access to the World Equestrian Center, Silver Springs, Rainbow Springs, shopping, dining, healthcare, and major highways connecting Orlando, Tampa, and Gainesville. With continued growth and long-term appreciation potential, this is an outstanding opportunity to invest in one of Central Florida's most desirable rental markets.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017