12021 Formosa StBrooksvilleFL34613
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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 Brooksville at 12021 Formosa St, Brooksville, FL, 34613 earns $199/mo cash flow from $1,194/mo rent with a $734/mo payment. Total monthly income totals $1,194/mo, and annual cash flow totals $2,385/yr on $49,725 capital. ROI tracks 24.71% on current figures, and rental yield reads 9.55% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 129.17% and total cumulative return in cash sums $64,230. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,194/mo property income instead of your personal income.
Manufactured
Built in 1980
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34613, Brooksville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,503 (100%) |
| Owner Occupied HU | 8,673 (75.4%) |
| Renter Occupied HU | 1,225 (10.6%) |
| Vacant Housing Units | 1,605 (14.0%) |
| Median Home Value | $244,035 |
| Average Home Value | $313,767 |
Housing Distribution
Address Breakdown
Residential
10,830
Single Family
9,735
Multi-Family
1,095
Businesses
539
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Listed by: Kenneth Sargent • ERA American Suncoast Realty
Mls Name: Realtors Association of Citrus County
Mls ID: #851535