15 Meadowlark CirEllentonFL34222
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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 Ellenton at 15 Meadowlark Cir, Ellenton, FL, 34222 priced at $239,000 converts $2,069/mo rent into $483/mo cash flow after a $1,170/mo obligation. Total monthly income equals $2,069/mo, and annual cash flow totals $5,793/yr on $79,229 invested. Return on cash invested prints 27.22% in year one, and rental yield reads 10.39% against a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation compiles into $66,031 by year five. Five-year ROI reaches 142.63% and total cumulative return in cash sums $113,004. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,069/mo property income covering a $1,170/mo payment, not borrower’s personal income.
Manufactured
Built in 1986
5,619 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34222, Ellenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,350 (100%) |
| Owner Occupied HU | 5,463 (65.4%) |
| Renter Occupied HU | 1,406 (16.8%) |
| Vacant Housing Units | 1,481 (17.7%) |
| Median Home Value | $211,957 |
| Average Home Value | $335,183 |
Housing Distribution
Address Breakdown
Residential
7,889
Single Family
6,742
Multi-Family
1,147
Businesses
587
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