11619 Summit Rock CtParrishFL34219
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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 Parrish at 11619 Summit Rock Ct, Parrish, FL, 34219 uses $140,888 cash to close to unlock $3,249/yr annual cash flow and $271/mo monthly cash flow. Total monthly income runs $3,091/mo, and a $2,080/mo payment keeps the spread at $271/mo. Purchase price stands at $425,000, and rental yield measures 8.73% with $3,091/mo rent. Return on cash invested shows 22.22% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 115.79% and total cumulative return in cash records $163,133. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,091/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 2003
8,947 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34219, Parrish, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,007 (100%) |
| Owner Occupied HU | 16,304 (85.8%) |
| Renter Occupied HU | 1,140 ( 6.0%) |
| Vacant Housing Units | 1,563 ( 8.2%) |
| Median Home Value | $486,744 |
| Average Home Value | $530,938 |
Housing Distribution
Address Breakdown
Residential
16,870
Single Family
15,895
Multi-Family
975
Businesses
418
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