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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 #70A, Cortez, FL, 34215 earns $864/mo cash flow from $2,184/mo rent with a $634/mo payment. Total monthly income totals $2,184/mo, and annual cash flow totals $10,373/yr on $42,929 capital. ROI tracks 44.07% on current figures, and rental yield reads 20.24% at a $129,500 purchase. Equity gained on principal adds $836/yr, and 5% annual appreciation supports $35,778 over five years. Five-year ROI reaches 237.72% and total cumulative return in cash sums $102,050. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,184/mo property income instead of your personal income.
Manufactured
Built in 1974
3,446 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 |
|---|---|---|
| 2024-11-15 | Listed for sale | $129,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $784.64 | -3.20% | $84,486 | 3.00% |
| 2022-12-25 | $810.54 | 2.12% | $82,025 | 3.00% |
| 2021-12-25 | $793.71 | -41.42% | $79,636 | -0.54% |
No similar rental properties found nearby.
Listed by: Shelby Counihan • ICON REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4628161
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
