16123 Cutting Horse TrlMyakka CityFL34251
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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 Myakka City at 16123 Cutting Horse Trl, Myakka City, FL, 34251 listed at $1,850,000 pairs $7,236/mo rent with a $9,055/mo payment. Total monthly income runs $7,236/mo. Return on cash invested measures 10.28% in year one, and rental yield registers 4.69% at a $1,850,000 basis. Equity gained on principal adds $11,938/yr, and annual property appreciation at 5% supports $511,121 by year five. Five-year ROI tracks 51.69% and total cumulative return in cash totals $309,829. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,236/mo property income relative to a $9,055/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
15.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34251, Myakka City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,669 (100%) |
| Owner Occupied HU | 2,284 (85.6%) |
| Renter Occupied HU | 240 ( 9.0%) |
| Vacant Housing Units | 145 ( 5.4%) |
| Median Home Value | $596,483 |
| Average Home Value | $657,437 |
Housing Distribution
Address Breakdown
Residential
2,515
Single Family
2,509
Multi-Family
6
Businesses
117
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Listed by: Ben Wilson • KELLER WILLIAMS ON THE WATER S
Mls Name: Stellar MLS
Mls ID: #A4678785