118 Canby CirSpring HillFL34606
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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 Spring Hill at 118 Canby Cir, Spring Hill, FL, 34606 priced at $279,000 pairs $2,168/mo rent with $316/mo cash flow after a $1,366/mo payment. Total monthly income equals $2,168/mo, and annual cash flow comes to $3,793/yr on $92,489 invested. Return on cash invested is 24.01% in year one, and rental yield stands at 9.32% on a $279,000 basis. Equity gained on principal adds $1,800/yr, and 5% annual appreciation accumulates to $77,083 by year five. Five-year ROI measures 125.47% and total cumulative return in cash reaches $116,047. For financing, Ziffy Mortgage’s DSCR program evaluates $2,168/mo property income against a $1,366/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34606, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,337 (100%) |
| Owner Occupied HU | 10,033 (70.0%) |
| Renter Occupied HU | 2,922 (20.4%) |
| Vacant Housing Units | 1,382 ( 9.6%) |
| Median Home Value | $275,582 |
| Average Home Value | $306,361 |
Housing Distribution
Address Breakdown
Residential
13,490
Single Family
13,457
Multi-Family
33
Businesses
836
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Listed by: Elizabeth J Casner • Tropic Shores Realty LLC
Mls Name: HCMLS
Mls ID: #2255887