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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 Lithia at 12948 Wellspring Dr, Lithia, FL, 33547 offers a 8.86% rental yield on a $537,990 purchase with $3,970/mo rent. Total monthly income registers $3,970/mo, and a $2,633/mo payment leaves $388/mo available for distribution. Annual cash flow reaches $4,656/yr on $176,999 to close, and return on cash invested stands at 22.69% in year one. Equity gained on principal adds $3,472/yr while 5% annual appreciation supports $148,637 over five years. Portfolio math shows five-year ROI at 118.34% and total cumulative return in cash at $209,467. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,970/mo property income against a $2,633/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.28 Acres lot
$N/A/sqft
$12 monthly HOA
Neighborhood data shown for ZIP Code: 33547, Lithia, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,999 (100%) |
| Owner Occupied HU | 8,930 (81.2%) |
| Renter Occupied HU | 1,652 (15.0%) |
| Vacant Housing Units | 417 ( 3.8%) |
| Median Home Value | $577,927 |
| Average Home Value | $619,117 |
Residential
10,633
Single Family
10,028
Multi-Family
605
Businesses
441
Date | Event | Price |
|---|---|---|
| 2024-11-15 | Price change | $537,990 |
| 2024-06-20 | Listed for sale | $533,490 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-17 | $2922.92 | N/A | $12,326 | N/A |
Listed by: Michael Human • CASA FRESCA REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8321734
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
