1566 Scarlett AveNorth PortFL34289
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 1566 Scarlett Ave, North Port, FL, 34289 at $339,900 posts ROI 22.26% with $221/mo cash flow from $2,477/mo rent. Total monthly income equals $2,477/mo, and annual cash flow records $2,652/yr on $112,677 to close. Return on cash invested measures 22.26% and rental yield reads 8.74% at the current $339,900. Equity gained on principal adds $2,193/yr, and 5% annual appreciation supports $93,908 by year five. Five-year ROI prints 116.08% and total cumulative return in cash totals $130,799.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,477/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
5,854 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34289, North Port, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,250 (100%) |
| Owner Occupied HU | 1,612 (71.6%) |
| Renter Occupied HU | 376 (16.7%) |
| Vacant Housing Units | 262 (11.6%) |
| Median Home Value | $412,834 |
| Average Home Value | $402,249 |
Housing Distribution
Address Breakdown
Residential
2,044
Single Family
1,644
Multi-Family
400
Businesses
186
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Nearby investment properties with comparable prices
Listed by: Jason Ester • RE/MAX ALLIANCE GROUP
Mls Name: Stellar MLS
Mls ID: #C7519482