11006 W Cove Harbor Dr #16Crystal RiverFL34428
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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 11006 W Cove Harbor Dr #16, Crystal River, FL, 34428 listed at $353,900 pairs $2,520/mo rent with a $1,732/mo payment to leave $172/mo cash flow. Total monthly income runs $2,520/mo, and annual cash flow reaches $2,059/yr on $117,318 cash to close. Return on cash invested measures 21.66% in year one, and rental yield registers 8.54% at a $353,900 basis. Equity gained on principal adds $2,284/yr, and annual property appreciation at 5% supports $97,776 by year five. Five-year ROI tracks 112.84% and total cumulative return in cash totals $132,386. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,520/mo property income relative to a $1,732/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1989
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34428, Crystal River, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,401 (100%) |
| Owner Occupied HU | 3,519 (65.2%) |
| Renter Occupied HU | 1,044 (19.3%) |
| Vacant Housing Units | 838 (15.5%) |
| Median Home Value | $326,153 |
| Average Home Value | $350,676 |
Housing Distribution
Address Breakdown
Residential
5,072
Single Family
4,921
Multi-Family
151
Businesses
268
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Listed by: Sandra Oller Deem • TROPIC SHORES REALTY LLC
Mls Name: Stellar MLS
Mls ID: #TB8459098