1297 Jonah DrNorth PortFL34289
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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 North Port at 1297 Jonah Dr, North Port, FL, 34289 uses $84,533 cash to close to unlock $682/yr annual cash flow and $57/mo monthly cash flow. Total monthly income runs $1,749/mo, and a $1,248/mo payment keeps the spread at $57/mo. Purchase price stands at $255,000, and rental yield measures 8.23% with $1,749/mo rent. Return on cash invested shows 20.72% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 107.75% and total cumulative return in cash records $91,088. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,749/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Townhouse
Built in 2017
1,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34289, North Port, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,250 (100%) |
| Owner Occupied HU | 1,612 (71.6%) |
| Renter Occupied HU | 376 (16.7%) |
| Vacant Housing Units | 262 (11.6%) |
| Median Home Value | $412,834 |
| Average Home Value | $402,249 |
Housing Distribution
Address Breakdown
Residential
2,044
Single Family
1,644
Multi-Family
400
Businesses
186
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Listed by: Tanya Agostino • COLDWELL BANKER SUNSTAR REALTY
Mls Name: Stellar MLS
Mls ID: #N6142242