1046 Castille DrSpring HillFL34608
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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 Spring Hill at 1046 Castille Dr, Spring Hill, FL, 34608 offers a 10.24% rental yield on a $255,000 purchase with $2,176/mo rent. Total monthly income registers $2,176/mo, and a $1,248/mo payment leaves $484/mo available for distribution. Annual cash flow reaches $5,806/yr on $84,533 to close, and return on cash invested stands at 26.78% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 140.26% and total cumulative return in cash at $118,568. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,176/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
5,710 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34608, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,552 (100%) |
| Owner Occupied HU | 11,227 (72.2%) |
| Renter Occupied HU | 3,143 (20.2%) |
| Vacant Housing Units | 1,182 ( 7.6%) |
| Median Home Value | $312,231 |
| Average Home Value | $334,098 |
Housing Distribution
Address Breakdown
Residential
14,222
Single Family
14,047
Multi-Family
175
Businesses
226
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Listed by: Hunter Floyd • KELLER WILLIAMS TAMPA CENTRAL
Mls Name: Stellar MLS
Mls ID: #TB8451150