1430 Nora LnNorth 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 1430 Nora Ln, North Port, FL, 34286 priced at $318,900 pairs $2,760/mo rent with $644/mo cash flow after a $1,561/mo payment. Total monthly income equals $2,760/mo, and annual cash flow comes to $7,723/yr on $105,715 invested. Return on cash invested is 27.21% in year one, and rental yield stands at 10.39% on a $318,900 basis. Equity gained on principal adds $2,058/yr, and 5% annual appreciation accumulates to $88,106 by year five. Five-year ROI measures 142.62% and total cumulative return in cash reaches $150,774. For financing, Ziffy Mortgage’s DSCR program evaluates $2,760/mo property income against a $1,561/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
10,000 sqft lot
$N/A/sqft
No HOA
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Listed by: Holly Drilling • RE/MAX PALM REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #C7500167
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