1045 N Fan Palm PointCrystal RiverFL34429
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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
Investment property for sale in Crystal River at 1045 N Fan Palm Point, Crystal River, FL, 34429 offers a 9.37% rental yield on a $245,900 purchase with $1,920/mo rent. Total monthly income registers $1,920/mo, and a $1,204/mo payment leaves $288/mo available for distribution. Annual cash flow reaches $3,453/yr on $81,516 to close, and return on cash invested stands at 24.14% in year one. Equity gained on principal adds $1,587/yr while 5% annual appreciation supports $67,938 over five years. Portfolio math shows five-year ROI at 126.15% and total cumulative return in cash at $102,835. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $1,204/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34429, Crystal River, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,687 (100%) |
| Owner Occupied HU | 3,454 (60.7%) |
| Renter Occupied HU | 846 (14.9%) |
| Vacant Housing Units | 1,387 (24.4%) |
| Median Home Value | $308,497 |
| Average Home Value | $360,597 |
Housing Distribution
Address Breakdown
Residential
4,888
Single Family
4,852
Multi-Family
36
Businesses
692
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Listed by: Cliff Glansen • Flatfee.com
Mls Name: Realtors Association of Citrus County
Mls ID: #851553