1305 W Sorrento DrCitrus SpringsFL34434
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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 Citrus Springs at 1305 W Sorrento Dr, Citrus Springs, FL, 34434 offers a 9.11% rental yield on a $179,000 purchase with $1,359/mo rent. Total monthly income registers $1,359/mo, and a $876/mo payment leaves $171/mo available for distribution. Annual cash flow reaches $2,055/yr on $59,339 to close, and return on cash invested stands at 23.37% in year one. Equity gained on principal adds $1,155/yr while 5% annual appreciation supports $49,454 over five years. Portfolio math shows five-year ROI at 122.07% and total cumulative return in cash at $72,435. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,359/mo property income against a $876/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34434, Dunnellon, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,400 (100%) |
| Owner Occupied HU | 4,178 (77.4%) |
| Renter Occupied HU | 693 (12.8%) |
| Vacant Housing Units | 529 ( 9.8%) |
| Median Home Value | $264,490 |
| Average Home Value | $277,639 |
Housing Distribution
Address Breakdown
Residential
5,226
Single Family
5,226
Multi-Family
0
Businesses
84
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Listed by: Stevie Smith • Wave Elite Realty LLC
Mls Name: Realtors Association of Citrus County
Mls ID: #850465