16 Geranium CtHomosassaFL34446
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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 Homosassa at 16 Geranium Ct, Homosassa, FL, 34446 with 5% annual appreciation on a $474,500 basis while $3,277/mo rent supports operations. Total monthly income totals $3,277/mo and a $2,322/mo payment preserves $116/mo for cash returns. Annual cash flow comes to $1,388/yr on $157,297 deployed, and return on cash invested reaches 20.79% in year one. Equity gained on principal adds $3,062/yr, and five-year appreciation sums $131,096 alongside rental yield of 8.29%. Five-year ROI measures 108.19% and total cumulative return in cash totals $170,178.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,277/mo property income versus a $2,322/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2001
0.28 Acres lot
$N/A/sqft
$155 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34446, Homosassa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,966 (100%) |
| Owner Occupied HU | 8,725 (79.6%) |
| Renter Occupied HU | 1,061 ( 9.7%) |
| Vacant Housing Units | 1,180 (10.8%) |
| Median Home Value | $293,440 |
| Average Home Value | $310,549 |
Housing Distribution
Address Breakdown
Residential
10,055
Single Family
8,102
Multi-Family
1,953
Businesses
299
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Listed by: Pamela "PJ" Pareja • Coldwell Banker Next Generation Realty
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #840239
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.