12405 42nd Avenue Dr WCortezFL34215
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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 Cortez at 12405 42nd Avenue Dr W, Cortez, FL, 34215 offers a 9.82% rental yield on a $799,000 purchase with $6,538/mo rent. Total monthly income registers $6,538/mo, and a $3,911/mo payment leaves $1,153/mo available for distribution. Annual cash flow reaches $13,834/yr on $262,871 to close, and return on cash invested stands at 25.32% in year one. Equity gained on principal adds $5,156/yr while 5% annual appreciation supports $220,749 over five years. Portfolio math shows five-year ROI at 132.57% and total cumulative return in cash at $348,486. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,538/mo property income against a $3,911/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34215, Cortez, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 643 (100%) |
| Owner Occupied HU | 322 (50.1%) |
| Renter Occupied HU | 91 (14.2%) |
| Vacant Housing Units | 230 (35.8%) |
| Median Home Value | $632,212 |
| Average Home Value | $647,182 |
Housing Distribution
Address Breakdown
Residential
323
Single Family
250
Multi-Family
73
Businesses
67
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Listed by: Melanie Johnson • FINE PROPERTIES
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4611966
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