1632 Nicollett AveNorth PortFL34286
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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 North Port at 1632 Nicollett Ave, North Port, FL, 34286 with 5% annual appreciation on a $334,900 basis while $2,423/mo rent supports operations. Total monthly income totals $2,423/mo and a $1,639/mo payment preserves $201/mo for cash returns. Annual cash flow comes to $2,409/yr on $111,019 deployed, and return on cash invested reaches 22.08% in year one. Equity gained on principal adds $2,161/yr, and five-year appreciation sums $92,527 alongside rental yield of 8.68%. Five-year ROI measures 115.06% and total cumulative return in cash totals $127,741.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,423/mo property income versus a $1,639/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
10,000 sqft lot
$N/A/sqft
No HOA
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Listed by: Heidi Schrock • RE/MAX PALM REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #C7497736
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