1305 Mohawk CircleTavaresFL32778
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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
Rental property for sale in Tavares at 1305 Mohawk Circle, Tavares, FL, 32778 offers $1,430/mo rent that, after a $881/mo payment, leaves $191/mo cash flow. Total monthly income is $1,430/mo, and annual cash flow is $2,286/yr on $59,670 cash. Return on cash invested measures 23.74% in year one, and rental yield stands at 9.53% at a $180,000 entry. Equity gained on principal adds $1,162/yr while 5% annual appreciation compounds into $49,731 by year five. Five-year ROI records 124.33% and total cumulative return in cash reaches $74,189. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,430/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1980
6,098 sqft lot
$N/A/sqft
$45 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32778, Tavares, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,282 (100%) |
| Owner Occupied HU | 9,028 (68.0%) |
| Renter Occupied HU | 2,520 (19.0%) |
| Vacant Housing Units | 1,734 (13.1%) |
| Median Home Value | $290,642 |
| Average Home Value | $332,532 |
Housing Distribution
Address Breakdown
Residential
12,348
Single Family
10,449
Multi-Family
1,899
Businesses
945
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Listed by: Debra Crowe • Hometown Realty of North Fl. Inc.
Mls Name: Dixie-Gilchrist Levy Counties BOR
Mls Provider:
Mls ID: #794540
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.