12990 Wellspring DrLithiaFL33547
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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 Lithia at 12990 Wellspring Dr, Lithia, FL, 33547 offers a 9.34% rental yield on a $509,990 purchase with $3,970/mo rent. Total monthly income registers $3,970/mo, and a $2,496/mo payment leaves $586/mo available for distribution. Annual cash flow reaches $7,029/yr on $167,787 to close, and return on cash invested stands at 24.25% in year one. Equity gained on principal adds $3,291/yr while 5% annual appreciation supports $140,901 over five years. Portfolio math shows five-year ROI at 126.68% and total cumulative return in cash at $212,556. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,970/mo property income against a $2,496/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33547, Lithia, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,633
Single Family
10,028
Multi-Family
605
Businesses
441
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Listed by: Kayla Miller, Steve Moss & Alex Rodriguez • Casa Fresca Homes Sales Office
Mls Name: Nexus MLS
Mls Provider:
Mls ID: #N120000000616
Disclaimer: Listing information is provided by the Nexus Multiple Listing Service. Property information is based on available data that may include MLS information, county records, and other sources. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 Nexus MLS. All rights are reserved.