1115 Calico Pointe CirGrovelandFL34736
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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 Groveland at 1115 Calico Pointe Cir, Groveland, FL, 34736 priced at $493,991 converts $3,103/mo rent into after a $2,418/mo obligation. Total monthly income equals $3,103/mo. Return on cash invested prints 17.19% in year one, and rental yield reads 7.54% against a $493,991 entry. Equity gained on principal adds $3,188/yr, while 5% annual appreciation compiles into $136,481 by year five. Five-year ROI reaches 89.4% and total cumulative return in cash sums $146,393. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,103/mo property income covering a $2,418/mo payment, not borrower’s personal income.
Single Family
Built in 2023
6,963 sqft lot
$N/A/sqft
$195 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34736, Groveland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,513 (100%) |
| Owner Occupied HU | 10,130 (81.0%) |
| Renter Occupied HU | 1,480 (11.8%) |
| Vacant Housing Units | 903 ( 7.2%) |
| Median Home Value | $388,854 |
| Average Home Value | $424,666 |
Housing Distribution
Address Breakdown
Residential
10,737
Single Family
9,856
Multi-Family
881
Businesses
457
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Listed by: Michelle Pierce • OPTIMA ONE REALTY, INC.
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #G5090699
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511