15535 Larry RdSpring HillFL34610
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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 Spring Hill at 15535 Larry Rd, Spring Hill, FL, 34610 offers a 8.31% rental yield on a $219,980 purchase with $1,523/mo rent. Total monthly income registers $1,523/mo, and a $1,077/mo payment leaves $63/mo available for distribution. Annual cash flow reaches $754/yr on $72,923 to close, and return on cash invested stands at 20.94% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,776 over five years. Portfolio math shows five-year ROI at 108.98% and total cumulative return in cash at $79,469. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,523/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1974
1.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34610, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,794 (100%) |
| Owner Occupied HU | 5,287 (77.8%) |
| Renter Occupied HU | 909 (13.4%) |
| Vacant Housing Units | 598 ( 8.8%) |
| Median Home Value | $389,521 |
| Average Home Value | $432,642 |
Housing Distribution
Address Breakdown
Residential
6,459
Single Family
6,292
Multi-Family
167
Businesses
203
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Listed by: Luisa Cruz, LLC • DALTON WADE INC
Mls Name: Stellar MLS
Mls ID: #TB8447307