1246 Cypress Cove CtInvernessFL34450
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1246 Cypress Cove Ct, Inverness, FL, 34450 in Inverness earns a respectable 11.63% gross yield at $185,000, but after the $832/mo mortgage the net cash flow is $107/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (2.21) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $51,112 over five years, making equity the dominant return driver. Total projected return: $81,353.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 7.0% |
| Monthly Cash Flow | $107 | $250 |
City averages based on Inverness market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,841 |
| Total Monthly Debt Service | $1,631 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1987
2,178 sqft lot
$N/A/sqft
$318 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34450, Inverness, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,538 (100%) |
| Owner Occupied HU | 4,512 (69.0%) |
| Renter Occupied HU | 1,078 (16.5%) |
| Vacant Housing Units | 948 (14.5%) |
| Median Home Value | $246,358 |
| Average Home Value | $277,330 |
Housing Distribution
Address Breakdown
Residential
5,938
Single Family
5,867
Multi-Family
71
Businesses
378
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 1987
2,178 sqft lot
$N/A/sqft
$318 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34450, Inverness, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,538 (100%) |
| Owner Occupied HU | 4,512 (69.0%) |
| Renter Occupied HU | 1,078 (16.5%) |
| Vacant Housing Units | 948 (14.5%) |
| Median Home Value | $246,358 |
| Average Home Value | $277,330 |
Housing Distribution
Address Breakdown
Residential
5,938
Single Family
5,867
Multi-Family
71
Businesses
378
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Geraldine Gaugler • ERA American Suncoast Realty
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #845087
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.