1457 E Saint James LoopInvernessFL34453
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Inverness at 1457 E Saint James Loop, Inverness, FL, 34453 uses $116,025 cash to close to unlock $4,895/yr annual cash flow and $408/mo monthly cash flow. Total monthly income runs $2,742/mo, and a $1,713/mo payment keeps the spread at $408/mo. Purchase price stands at $350,000, and rental yield measures 9.4% with $2,742/mo rent. Return on cash invested shows 24.13% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 126.09% and total cumulative return in cash records $146,294. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,742/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 2000
0.51 Acres lot
$N/A/sqft
$138 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34453, Inverness, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,867 (100%) |
| Owner Occupied HU | 4,088 (69.7%) |
| Renter Occupied HU | 1,043 (17.8%) |
| Vacant Housing Units | 736 (12.5%) |
| Median Home Value | $208,612 |
| Average Home Value | $259,683 |
Housing Distribution
Address Breakdown
Residential
5,783
Single Family
5,655
Multi-Family
128
Businesses
368
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alan Ivory • RE/MAX Realty One
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #842670
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.