1228 N Greentree TerLecantoFL34461
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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 Lecanto at 1228 N Greentree Ter, Lecanto, FL, 34461 listed at $575,000 pairs $3,852/mo rent with a $2,814/mo payment to leave $37/mo cash flow. Total monthly income runs $3,852/mo, and annual cash flow reaches $438/yr on $189,175 cash to close. Return on cash invested measures 20.29% in year one, and rental yield registers 8.04% at a $575,000 basis. Equity gained on principal adds $3,710/yr, and annual property appreciation at 5% supports $158,862 by year five. Five-year ROI tracks 105.46% and total cumulative return in cash totals $199,499. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,852/mo property income relative to a $2,814/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
1.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34461, Lecanto, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,511 (100%) |
| Owner Occupied HU | 4,308 (78.2%) |
| Renter Occupied HU | 663 (12.0%) |
| Vacant Housing Units | 540 ( 9.8%) |
| Median Home Value | $333,631 |
| Average Home Value | $379,618 |
Housing Distribution
Address Breakdown
Residential
5,214
Single Family
4,830
Multi-Family
384
Businesses
380
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Listed by: Lisa VanDeBoe • Plantation Realty, Inc.
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #847372
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.