1377 Troy AveSpring HillFL34606
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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 Spring Hill at 1377 Troy Ave, Spring Hill, FL, 34606 uses $78,782 cash to close to unlock $1,345/yr annual cash flow and $112/mo monthly cash flow. Total monthly income runs $1,689/mo, and a $1,163/mo payment keeps the spread at $112/mo. Purchase price stands at $237,654, and rental yield measures 8.53% with $1,689/mo rent. Return on cash invested shows 21.62% in year one, and 5% annual appreciation builds toward $65,659 over five years. Five-year ROI reaches 112.64% and total cumulative return in cash records $88,738. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,689/mo property income covering a $1,163/mo payment rather than investor’s personal income.
Single Family
Built in 1971
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34606, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,337 (100%) |
| Owner Occupied HU | 10,033 (70.0%) |
| Renter Occupied HU | 2,922 (20.4%) |
| Vacant Housing Units | 1,382 ( 9.6%) |
| Median Home Value | $275,582 |
| Average Home Value | $306,361 |
Housing Distribution
Address Breakdown
Residential
13,490
Single Family
13,457
Multi-Family
33
Businesses
836
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Listed by: Thomas Homan • Homan Realty Group Inc.
Mls Name: Realtors Association of Citrus County
Mls ID: #846612