1157 N LnEnglewoodFL34224
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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 Englewood at 1157 N Ln, Englewood, FL, 34224 uses $61,991 cash to close to unlock $24,712/yr annual cash flow and $2,059/mo monthly cash flow. Total monthly income runs $3,300/mo, and a $915/mo payment keeps the spread at $2,059/mo. Purchase price stands at $187,000, and rental yield measures 21.18% with $3,300/mo rent. Return on cash invested shows 59.77% in year one, and 5% annual appreciation builds toward $51,665 over five years. Five-year ROI reaches 317.25% and total cumulative return in cash records $196,662. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,300/mo property income covering a $915/mo payment rather than investor’s personal income.
Single Family
Built in 1968
9,975 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34224, Englewood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,443 (100%) |
| Owner Occupied HU | 7,238 (63.3%) |
| Renter Occupied HU | 1,486 (13.0%) |
| Vacant Housing Units | 2,719 (23.8%) |
| Median Home Value | $365,183 |
| Average Home Value | $399,158 |
Housing Distribution
Address Breakdown
Residential
10,796
Single Family
9,338
Multi-Family
1,458
Businesses
527
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Listed by: Jon Dempsey Hile • PARADISE EXCLUSIVE INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #D6143679
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511