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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Cortez at 12507 Cortez Rd W #27, Cortez, FL, 34215 offers a 9.48% rental yield on a $134,500 purchase with $1,063/mo rent. 12% in year one. Equity gained on principal adds $868/yr while 5% annual appreciation supports $37,160 over five years. Portfolio math shows five-year ROI at 66.21% and total cumulative return in cash at $29,520. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,063/mo property income against a $658/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1970
2,479 sqft lot
$N/A/sqft
$460 monthly HOA
Neighborhood data shown for ZIP Code: 34215, Cortez, FL area.
| 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 |
Residential
323
Single Family
250
Multi-Family
73
Businesses
67
Date | Event | Price |
|---|---|---|
| 2024-11-19 | Price change | $134,500 |
| 2024-10-29 | Price change | $149,000 |
| 2024-01-03 | Listed for sale | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $743.74 | 3.80% | $76,178 | 3.00% |
| 2023-02-14 | $716.49 | 2.43% | $73,959 | 3.00% |
| 2022-02-14 | $699.47 | 0.22% | $71,805 | 3.00% |
Listed by: Kimberly Bailey • ONE WORLD REALTY OF SARASOTA
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4627318
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
