11 Sycamore Ct WHomosassaFL34446
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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 Homosassa at 11 Sycamore Ct W, Homosassa, FL, 34446 priced at $353,900 converts $2,631/mo rent into $271/mo cash flow after a $1,732/mo obligation. Total monthly income equals $2,631/mo, and annual cash flow totals $3,256/yr on $117,318 invested. Return on cash invested prints 22.68% in year one, and rental yield reads 8.92% against a $353,900 entry. Equity gained on principal adds $2,284/yr, while 5% annual appreciation compiles into $97,776 by year five. Five-year ROI reaches 118.37% and total cumulative return in cash sums $138,866. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,631/mo property income covering a $1,732/mo payment, not borrower’s personal income.
Single Family
Built in 1994
0.33 Acres lot
$N/A/sqft
$135 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34446, Homosassa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,966 (100%) |
| Owner Occupied HU | 8,725 (79.6%) |
| Renter Occupied HU | 1,061 ( 9.7%) |
| Vacant Housing Units | 1,180 (10.8%) |
| Median Home Value | $293,440 |
| Average Home Value | $310,549 |
Housing Distribution
Address Breakdown
Residential
10,055
Single Family
8,102
Multi-Family
1,953
Businesses
299
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Listed by: Patricia A. Bolin • Century 21 Alliance Realty
Mls Name: HCMLS
Mls Provider:
Mls ID: #2255042
Disclaimer: This information is provided exclusively for consumers personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.