11284 Hickory Ridge CtSpring HillFL34609
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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 Spring Hill at 11284 Hickory Ridge Ct, Spring Hill, FL, 34609 earns $319/mo cash flow from $2,968/mo rent with a $1,708/mo payment. Total monthly income totals $2,968/mo, and annual cash flow totals $3,822/yr on $115,660 capital. ROI tracks 23.21% on current figures, and rental yield reads 10.21% at a $348,900 purchase. Equity gained on principal adds $2,251/yr, and 5% annual appreciation supports $96,395 over five years. Five-year ROI reaches 122.42% and total cumulative return in cash sums $141,592. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,968/mo property income instead of your personal income.
Single Family
Built in 1999
8,712 sqft lot
$N/A/sqft
$214 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34609, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,358 (100%) |
| Owner Occupied HU | 16,098 (79.1%) |
| Renter Occupied HU | 3,096 (15.2%) |
| Vacant Housing Units | 1,164 ( 5.7%) |
| Median Home Value | $346,231 |
| Average Home Value | $372,548 |
Housing Distribution
Address Breakdown
Residential
18,800
Single Family
18,316
Multi-Family
484
Businesses
658
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Listed by: Thomas Homan • Homan Realty Group Inc.
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #844024
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.