16402 Killearn LnSpring HillFL34610
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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
Rental property for sale in Spring Hill at 16402 Killearn Ln, Spring Hill, FL, 34610 generates $2,652/mo in rent, after a $1,933/mo payment. Total monthly income is $2,652/mo. Return on cash invested sits at 19.68% in year one, and rental yield is 8.06% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 102.42% and total cumulative return in cash sums $134,106. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,652/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34610, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,794 (100%) |
| Owner Occupied HU | 5,287 (77.8%) |
| Renter Occupied HU | 909 (13.4%) |
| Vacant Housing Units | 598 ( 8.8%) |
| Median Home Value | $389,521 |
| Average Home Value | $432,642 |
Housing Distribution
Address Breakdown
Residential
6,459
Single Family
6,292
Multi-Family
167
Businesses
203
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Listed by: James M Jokel • Tropic Shores Realty LLC
Mls Name: HCMLS
Mls Provider:
Mls ID: #2253789
Disclaimer: This information is provided exclusively for consumers personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.