11031 Spoonbill RdWeeki WacheeFL34613
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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 Weeki Wachee at 11031 Spoonbill Rd, Weeki Wachee, FL, 34613 generates $1,870/mo in rent and, after a $1,322/mo payment, leaves $78/mo in cash flow. Total monthly income is $1,870/mo, and annual cash flow is $933/yr on $89,505 invested. Return on cash invested sits at 20.95% in year one, and rental yield is 8.31% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 109.01% and total cumulative return in cash sums $97,573. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,870/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34613, Brooksville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,503 (100%) |
| Owner Occupied HU | 8,673 (75.4%) |
| Renter Occupied HU | 1,225 (10.6%) |
| Vacant Housing Units | 1,605 (14.0%) |
| Median Home Value | $244,035 |
| Average Home Value | $313,767 |
Housing Distribution
Address Breakdown
Residential
10,830
Single Family
9,735
Multi-Family
1,095
Businesses
539
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Listed by: Mary Rinaldi • AUDUBON REALTY INC
Mls Name: Stellar MLS
Mls ID: #W7878393