1355 Hempstead AveNorth PortFL34286
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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 North Port at 1355 Hempstead Ave, North Port, FL, 34286 priced at $425,000 converts $2,947/mo rent into $127/mo cash flow after a $2,080/mo obligation. Total monthly income equals $2,947/mo, and annual cash flow totals $1,521/yr on $140,888 invested. Return on cash invested prints 20.99% in year one, and rental yield reads 8.32% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 109.21% and total cumulative return in cash sums $153,869. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,947/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 2005
0.31 Acres lot
$N/A/sqft
No HOA
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Listed by: Lyndell Parks • LIFESTYLE INTERNATIONAL REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #C7498021
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