12200 Norvell RdSpring HillFL34609
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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 Spring Hill at 12200 Norvell Rd, Spring Hill, FL, 34609 offers a 9.13% rental yield on a $275,000 purchase with $2,092/mo rent. Total monthly income registers $2,092/mo, and a $1,346/mo payment leaves $267/mo available for distribution. Annual cash flow reaches $3,204/yr on $91,163 to close, and return on cash invested stands at 23.42% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 122.33% and total cumulative return in cash at $111,515. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,092/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34609, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,358 (100%) |
| Owner Occupied HU | 16,098 (79.1%) |
| Renter Occupied HU | 3,096 (15.2%) |
| Vacant Housing Units | 1,164 ( 5.7%) |
| Median Home Value | $346,231 |
| Average Home Value | $372,548 |
Housing Distribution
Address Breakdown
Residential
18,800
Single Family
18,316
Multi-Family
484
Businesses
658
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Listed by: Jansel Lozano Vazquez • FRIENDS REALTY LLC
Mls Name: Stellar MLS
Mls ID: #TB8453147