1208 County Road 463bLake PanasoffkeeFL33538
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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 Lake Panasoffkee at 1208 County Road 463b, Lake Panasoffkee, FL, 33538 offers a 9.12% rental yield on a $220,000 purchase with $1,672/mo rent. Total monthly income registers $1,672/mo, and a $1,077/mo payment leaves $212/mo available for distribution. Annual cash flow reaches $2,542/yr on $72,930 to close, and return on cash invested stands at 23.39% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 122.14% and total cumulative return in cash at $89,075. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,672/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33538, Lake Panasoffkee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,984 (100%) |
| Owner Occupied HU | 1,740 (58.3%) |
| Renter Occupied HU | 554 (18.6%) |
| Vacant Housing Units | 690 (23.1%) |
| Median Home Value | $163,971 |
| Average Home Value | $220,272 |
Housing Distribution
Address Breakdown
Residential
2,271
Single Family
2,271
Multi-Family
0
Businesses
110
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Listed by: Dalton Stokes • FLORIDA REALTY INVESTMENTS
Mls Name: Stellar MLS
Mls ID: #G5102570