111 Clark StInvernessFL34452
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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 Inverness at 111 Clark St, Inverness, FL, 34452 uses $71,273 cash to close to unlock $510/yr annual cash flow and $43/mo monthly cash flow. Total monthly income runs $1,469/mo, and a $1,052/mo payment keeps the spread at $43/mo. Purchase price stands at $215,000, and rental yield measures 8.2% with $1,469/mo rent. Return on cash invested shows 20.63% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 107.3% and total cumulative return in cash records $76,477. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,469/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1982
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34452, Inverness, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,354 (100%) |
| Owner Occupied HU | 4,720 (74.3%) |
| Renter Occupied HU | 1,061 (16.7%) |
| Vacant Housing Units | 573 ( 9.0%) |
| Median Home Value | $249,839 |
| Average Home Value | $358,011 |
Housing Distribution
Address Breakdown
Residential
5,870
Single Family
5,839
Multi-Family
31
Businesses
143
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