16332 Blooming Cherry DrGrovelandFL34736
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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 Groveland at 16332 Blooming Cherry Dr, Groveland, FL, 34736 offers a 8.67% rental yield on a $380,000 purchase with $2,744/mo rent. Total monthly income registers $2,744/mo, and a $1,860/mo payment leaves $222/mo available for distribution. Annual cash flow reaches $2,666/yr on $125,970 to close, and return on cash invested stands at 22.03% in year one. Equity gained on principal adds $2,452/yr while 5% annual appreciation supports $104,987 over five years. Portfolio math shows five-year ROI at 114.8% and total cumulative return in cash at $144,613. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,744/mo property income against a $1,860/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
9,516 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34736, Groveland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,513 (100%) |
| Owner Occupied HU | 10,130 (81.0%) |
| Renter Occupied HU | 1,480 (11.8%) |
| Vacant Housing Units | 903 ( 7.2%) |
| Median Home Value | $388,854 |
| Average Home Value | $424,666 |
Housing Distribution
Address Breakdown
Residential
10,737
Single Family
9,856
Multi-Family
881
Businesses
457
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