11428 Pelican AveWeeki WacheeFL34614
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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 Weeki Wachee at 11428 Pelican Ave, Weeki Wachee, FL, 34614 generates $2,976/mo in rent and, after a $1,938/mo payment, leaves $348/mo in cash flow. Total monthly income is $2,976/mo, and annual cash flow is $4,182/yr on $131,241 invested. Return on cash invested sits at 23.1% in year one, and rental yield is 9.02% on a $395,900 entry. Equity gained on principal adds $2,555/yr, while 5% annual appreciation builds toward $109,380 over five years. Five-year ROI reaches 120.53% and total cumulative return in cash sums $158,185. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,976/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34614, Brooksville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,407 (100%) |
| Owner Occupied HU | 3,768 (85.5%) |
| Renter Occupied HU | 308 ( 7.0%) |
| Vacant Housing Units | 331 ( 7.5%) |
| Median Home Value | $354,126 |
| Average Home Value | $439,808 |
Housing Distribution
Address Breakdown
Residential
4,673
Single Family
4,673
Multi-Family
0
Businesses
40
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Listed by: Michael Bennett, JR • PEOPLE'S TRUST REALTY
Mls Name: Stellar MLS
Mls ID: #TB8455164