11440 W Waterway DrHomosassaFL34448
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Homosassa at 11440 W Waterway Dr, Homosassa, FL, 34448 generates $4,075/mo in rent, after a $3,915/mo payment. Total monthly income is $4,075/mo. Return on cash invested sits at 14.44% in year one, and rental yield is 6.11% on a $799,950 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation builds toward $221,011 over five years. Five-year ROI reaches 74.05% and total cumulative return in cash sums $194,896. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,075/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34448, Homosassa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,635 (100%) |
| Owner Occupied HU | 4,650 (60.9%) |
| Renter Occupied HU | 972 (12.7%) |
| Vacant Housing Units | 2,013 (26.4%) |
| Median Home Value | $210,158 |
| Average Home Value | $260,450 |
Housing Distribution
Address Breakdown
Residential
5,958
Single Family
5,886
Multi-Family
72
Businesses
266
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices