11006 W Cove Harbor DrCrystal RiverFL34428
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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, Crystal River, FL, 34428 uses $117,318 cash to close to unlock $1,063/yr annual cash flow and $89/mo monthly cash flow. Total monthly income runs $2,437/mo, and a $1,732/mo payment keeps the spread at $89/mo. Purchase price stands at $353,900, and rental yield measures 8.26% with $2,437/mo rent. Return on cash invested shows 20.82% in year one, and 5% annual appreciation builds toward $97,776 over five years. Five-year ROI reaches 108.3% and total cumulative return in cash records $127,058. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,437/mo property income covering a $1,732/mo payment rather than investor’s personal income.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandra Oller Deem • Tropic Shores Realty
Mls Name: Realtors Association of Citrus County
Mls ID: #850832