16421 Turnbury Oak DrOdessaFL33556
Nearby investment properties with comparable rents
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 Odessa at 16421 Turnbury Oak Dr, Odessa, FL, 33556 uses $262,871 cash to close to unlock $6,857/yr annual cash flow and $571/mo monthly cash flow. Total monthly income runs $5,874/mo, and a $3,911/mo payment keeps the spread at $571/mo. Purchase price stands at $799,000, and rental yield measures 8.82% with $5,874/mo rent. Return on cash invested shows 22.67% in year one, and 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 118.21% and total cumulative return in cash records $310,734. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,874/mo property income covering a $3,911/mo payment rather than investor’s personal income.
Single Family
Built in 2001
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33556, Odessa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,814 (100%) |
| Owner Occupied HU | 11,715 (79.1%) |
| Renter Occupied HU | 1,911 (12.9%) |
| Vacant Housing Units | 1,188 ( 8.0%) |
| Median Home Value | $616,653 |
| Average Home Value | $692,848 |
Housing Distribution
Address Breakdown
Residential
14,720
Single Family
12,906
Multi-Family
1,814
Businesses
854
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices