156 E Glassboro Ct APT 5AHernandoFL34442
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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
Investment property for sale in Hernando at 156 E Glassboro Ct APT 5A, Hernando, FL, 34442 at $139,000 posts ROI 23.53% with $139/mo cash flow from $1,061/mo rent. Total monthly income equals $1,061/mo, and annual cash flow records $1,667/yr on $46,079 to close. Return on cash invested measures 23.53% and rental yield reads 9.16% at the current $139,000. Equity gained on principal adds $897/yr, and 5% annual appreciation supports $38,403 by year five. Five-year ROI prints 122.83% and total cumulative return in cash totals $56,600.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,061/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1985
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34442, Hernando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,437 (100%) |
| Owner Occupied HU | 7,741 (74.2%) |
| Renter Occupied HU | 1,132 (10.8%) |
| Vacant Housing Units | 1,564 (15.0%) |
| Median Home Value | $374,320 |
| Average Home Value | $401,900 |
Housing Distribution
Address Breakdown
Residential
9,683
Single Family
9,167
Multi-Family
516
Businesses
304
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