1511 Geranium AveNorth PortFL34288
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 North Port at 1511 Geranium Ave, North Port, FL, 34288 uses $125,307 cash to close to unlock $3,104/yr annual cash flow and $259/mo monthly cash flow. Total monthly income runs $2,767/mo, and a $1,850/mo payment keeps the spread at $259/mo. Purchase price stands at $378,000, and rental yield measures 8.78% with $2,767/mo rent. Return on cash invested shows 22.39% in year one, and 5% annual appreciation builds toward $104,434 over five years. Five-year ROI reaches 116.72% and total cumulative return in cash records $146,253. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,767/mo property income covering a $1,850/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34288, North Port, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,751 (100%) |
| Owner Occupied HU | 4,901 (72.6%) |
| Renter Occupied HU | 1,279 (18.9%) |
| Vacant Housing Units | 571 ( 8.5%) |
| Median Home Value | $405,293 |
| Average Home Value | $484,339 |
Housing Distribution
Address Breakdown
Residential
7,260
Single Family
6,874
Multi-Family
386
Businesses
89
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Josh McLennan • REAL ESTATE RESOLUTIONS OF FLO
Mls Name: Stellar MLS
Mls ID: #OM708277