9701 HIGHWAY 97
About This Property
Unlock the potential of this income-producing property located at 9701 Highway 97, Century, FL 32535. Currently tenant-occupied and rented month-to-month at $700/month, this property offers immediate cash flow with flexibility for future plans.
Situated on a highly visible parcel along Highway 97, this home presents an excellent opportunity for investors, landlords, or buyers looking for a value-add project. While the property could benefit from updates and improvements, it offers solid potential to renovate, hold as a rental, or add to an investment portfolio.
Conveniently located with easy access to local amenities and major roadways, this property combines affordability, rental income, and upside potential. Whether you're seeking your next fix-and-flip, long-term rental, or investment opportunity, this property is worth a look.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 4, 2026 | Price Decreased |
$89,000
↓ $6K
(6.3%) | |
| Price Decreased | |||
| Jul 1, 2026 | Price Decreased |
$95,000
↓ $5K
(4.9%) | |
| Price Decreased | |||
| Jun 16, 2026 | Listed by PALLADIUM INVESTMENTS INC | $99,900 | |
| Listed by PALLADIUM INVESTMENTS INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017