1062 SE Ninja StCrystal 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
Rental property for sale in Crystal River at 1062 SE Ninja St, Crystal River, FL, 34429 offers $866/mo rent that, after a $563/mo payment, leaves $103/mo cash flow. Total monthly income is $866/mo, and annual cash flow is $1,233/yr on $38,123 cash. Return on cash invested measures 23.14% in year one, and rental yield stands at 9.04% at a $115,000 entry. Equity gained on principal adds $742/yr while 5% annual appreciation compounds into $31,772 by year five. Five-year ROI records 120.8% and total cumulative return in cash reaches $46,053. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $866/mo property income versus a $563/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2002
N/A 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: Shelia Millaway • Crystal River Village
Mls Name: My State MLS
Mls ID: #11357612