11293 W Bayshore Dr #87Crystal RiverFL34429
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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 Crystal River at 11293 W Bayshore Dr #87, Crystal River, FL, 34429 uses $87,814 cash to close to unlock $1,280/yr annual cash flow and $107/mo monthly cash flow. Total monthly income runs $1,865/mo, and a $1,297/mo payment keeps the spread at $107/mo. Purchase price stands at $264,900, and rental yield measures 8.45% with $1,865/mo rent. Return on cash invested shows 21.37% in year one, and 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 111.26% and total cumulative return in cash records $97,700. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,865/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Condo
Built in 1973
1,602 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
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Listed by: Mollie George, PA • RE/MAX CHAMPIONS
Mls Name: Stellar MLS
Mls ID: #W7878467