Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$274,900

For Sale - Active
6989 SE 52nd Pl, Ocala, FL 34472
4 Beds
2 Baths
2,002 Square Feet
0.23 Acres Lot
Built in 1981
For Sale - Active
1 Units
Checked: 12 hours ago
Updated: Jun 24, 2025 at 03:23AM

Investment Summary


Monthly Cash Flow
-$466
Cap Rate
4.1%
Cash-on-Cash Return
-8.8%
Debt Coverage Ratio
0.67
Internal Rate of Return (5 years)
-4.6%

Property Description


0.23 Acres Lot
Built in 1981
For Sale - Active
1 Units

OWNER FINANCING AVAILABLE. Welcome to This Beautiful 4-Bedroom, 2-Bathroom Home on a Corner Lot with Fantastic Outdoor Space! Located in the Florida Heights neighborhood, this spacious home offers room to spread out both inside and out. Step into a bright and inviting living room, complemented by a separate family room featuring a cozy brick fireplace – perfect for relaxed evenings or casual entertaining. The large kitchen is a chef’s dream, complete with a center island, built-in wine rack, ample cabinet space, and an enclosed pantry. There’s plenty of room to prep, cook, and gather with loved ones. Adjacent to the kitchen is a dedicated inside laundry room for added convenience. The primary bedroom serves as a quiet retreat and easy access to a private, efficient en suite bathroom with a walk-in shower. Three additional bedrooms provide flexibility for guests, home office, or hobbies. Step outside to enjoy Florida living in the fenced backyard, ideal for pets, play, and privacy. A sandy fire pit area sets the scene for cozy nights under the stars, while the patio is ready for grilling or gatherings. A storage shed offers 50amp electric service and adds practical outdoor storage, and the corner lot gives you just a little more breathing room. This well-maintained property offers comfort, charm, and functionality and NO HOA all in one, HVAC replaced in 2018, Water Heater Replaced in 2018– come see what makes it feel like home!

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 9
  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Concrete Block
  • Foundation: Slab
  • Roof Type: Gable
  • Roof Material: Shingle

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 3748006025
  • Lot Size: 10019 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Ranch
  • Year Built: 1981

Tax Information

  • Annual Tax: $3,593

Utilities

  • Water & Sewer: Public
  • Heating: Electric
  • Cooling: Central Air

Location

  • County: Marion

Listing Details


Listed by:
Emily Walker
FLORIDA ADVANTAGE REALTY GROUP
(352) 362-4043

Source:
Stellar MLS
MLS#: OM702852
Stellar MLS

Investment Summary


Monthly Cash Flow
-$466
Cap Rate
4.1%
Cash-on-Cash Return
-8.8%
Debt Coverage Ratio
0.67
Internal Rate of Return (5 years)
-4.6%

Purchase Details

Find an Agent

Purchase price:
$274,900
Amount financed:
-$219,920
Down payment:
$54,980
Closing costs:
$8,247
Rehab costs:
$0
Initial cash invested:
$63,227
Square feet:
2,002
Cost per square foot:
$137
Monthly rent per square foot:
$0.90

Financing Details

Find a Lender

Loan amount:
$219,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$1,408
Property tax:
$300
Insurance:
$126
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,834

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$1,800 $21,600
Vacancy loss: (6%)
6% -$108 -$1,296
Operating income:
$1,692 $20,304

Operating Expenses


% Rent Monthly Yearly
Property taxes: (17%)
17%-$300-$3,594
Insurance: (7%)
7%-$126-$1,512
Property management: (8%)
8%-$144-$1,728
Repairs & maintenance: (5%)
5%-$90-$1,080
Capital expenditures: (5%)
5%-$90-$1,080
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (42%)
42%-$750-$8,994

Cash Flow


Monthly Yearly
Net operating income:
$942 $11,304
Mortgage payments:
-$1,408 -$16,896
Cash flow:
$466 $5,592