10720 Chippewa DrParrishFL34219
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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 Parrish at 10720 Chippewa Dr, Parrish, FL, 34219 offers a 8.37% rental yield on a $354,000 purchase with $2,470/mo rent. Total monthly income registers $2,470/mo, and a $1,733/mo payment leaves $120/mo available for distribution. Annual cash flow reaches $1,445/yr on $117,351 to close, and return on cash invested stands at 21.14% in year one. Equity gained on principal adds $2,284/yr while 5% annual appreciation supports $97,804 over five years. Portfolio math shows five-year ROI at 110.05% and total cumulative return in cash at $129,142. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,470/mo property income against a $1,733/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
9,014 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34219, Parrish, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,007 (100%) |
| Owner Occupied HU | 16,304 (85.8%) |
| Renter Occupied HU | 1,140 ( 6.0%) |
| Vacant Housing Units | 1,563 ( 8.2%) |
| Median Home Value | $486,744 |
| Average Home Value | $530,938 |
Housing Distribution
Address Breakdown
Residential
16,870
Single Family
15,895
Multi-Family
975
Businesses
418
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