11308 Libby RdSpring 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 11308 Libby Rd, Spring Hill, FL, 34609 offers a 8.57% rental yield on a $255,000 purchase with $1,821/mo rent. Total monthly income registers $1,821/mo, and a $1,248/mo payment leaves $129/mo available for distribution. Annual cash flow reaches $1,546/yr on $84,533 to close, and return on cash invested stands at 21.74% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 113.25% and total cumulative return in cash at $95,732. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,821/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1981
10,000 sqft lot
$N/A/sqft
No 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: Mario Encinosa • UNLIMITED GROUP REALTY
Mls Name: Stellar MLS
Mls ID: #TB8457781