1390 McCrory St,North Port,FL,34286

Investment Highlights

Investment property for sale in North Port at 1390 McCrory St, North Port, FL, 34286 offers a 9.25% rental yield on a $299,500 purchase with $2,308/mo rent. Total monthly income registers $2,308/mo, and a $1,466/mo payment leaves $320/mo available for distribution. Annual cash flow reaches $3,844/yr on $99,284 to close, and return on cash invested stands at 23.78% in year one. Equity gained on principal adds $1,933/yr while 5% annual appreciation supports $82,746 over five years. Portfolio math shows five-year ROI at 124.21% and total cumulative return in cash at $123,323. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,308/mo property income against a $1,466/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.