1113 SE 2nd StCrystal RiverFL34429
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 1113 SE 2nd St, Crystal River, FL, 34429 uses $82,842 cash to close to unlock $8,373/yr annual cash flow and $698/mo monthly cash flow. Total monthly income runs $2,356/mo, and a $1,223/mo payment keeps the spread at $698/mo. Purchase price stands at $249,900, and rental yield measures 11.31% with $2,356/mo rent. Return on cash invested shows 30.02% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 157.63% and total cumulative return in cash records $130,586. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,356/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1974
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34429, Crystal River, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,687 (100%) |
| Owner Occupied HU | 3,454 (60.7%) |
| Renter Occupied HU | 846 (14.9%) |
| Vacant Housing Units | 1,387 (24.4%) |
| Median Home Value | $308,497 |
| Average Home Value | $360,597 |
Housing Distribution
Address Breakdown
Residential
4,888
Single Family
4,852
Multi-Family
36
Businesses
692
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Irina McKay • McKay Management & Realty
Mls Name: Realtors Association of Citrus County
Mls ID: #848423