128 Oak Lake DrSpring HillFL34608
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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 Spring Hill at 128 Oak Lake Dr, Spring Hill, FL, 34608 earns $380/mo cash flow from $2,905/mo rent with a $1,860/mo payment. Total monthly income totals $2,905/mo, and annual cash flow totals $4,558/yr on $125,970 capital. ROI tracks 23.53% on current figures, and rental yield reads 9.17% at a $380,000 purchase. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 over five years. Five-year ROI reaches 122.85% and total cumulative return in cash sums $154,753. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,905/mo property income instead of your personal income.
Single Family
Built in 1989
0.50 Acres lot
$N/A/sqft
$40 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34608, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,552 (100%) |
| Owner Occupied HU | 11,227 (72.2%) |
| Renter Occupied HU | 3,143 (20.2%) |
| Vacant Housing Units | 1,182 ( 7.6%) |
| Median Home Value | $312,231 |
| Average Home Value | $334,098 |
Housing Distribution
Address Breakdown
Residential
14,222
Single Family
14,047
Multi-Family
175
Businesses
226
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Listed by: Patricia Hyler • Tropic Shores Realty
Mls Name: HCMLS
Mls Provider:
Mls ID: #2253795
Disclaimer: This information is provided exclusively for consumers personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.