1215 Jonah DrNorth PortFL34289
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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 North Port at 1215 Jonah Dr, North Port, FL, 34289 priced at $244,000 converts $1,628/mo rent into after a $1,194/mo obligation. Total monthly income equals $1,628/mo. Return on cash invested prints 13.84% in year one, and rental yield reads 8.01% against a $244,000 entry. Equity gained on principal adds $1,574/yr, while 5% annual appreciation compiles into $67,413 by year five. Five-year ROI reaches 73.12% and total cumulative return in cash sums $59,146. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,628/mo property income covering a $1,194/mo payment, not borrower’s personal income.
Townhouse
Built in 2007
1,925 sqft lot
$N/A/sqft
$170 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34289, North Port, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,250 (100%) |
| Owner Occupied HU | 1,612 (71.6%) |
| Renter Occupied HU | 376 (16.7%) |
| Vacant Housing Units | 262 (11.6%) |
| Median Home Value | $412,834 |
| Average Home Value | $402,249 |
Housing Distribution
Address Breakdown
Residential
2,044
Single Family
1,644
Multi-Family
400
Businesses
186
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Listed by: Shannon Hansbury • RE/MAX ALLIANCE GROUP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #C7509405
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