1661 S Shady TerInvernessFL34450
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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 Inverness at 1661 S Shady Ter, Inverness, FL, 34450 priced at $175,000 pairs $1,339/mo rent with $177/mo cash flow after a $857/mo payment. Total monthly income equals $1,339/mo, and annual cash flow comes to $2,127/yr on $58,013 invested. Return on cash invested is 23.57% in year one, and rental yield stands at 9.18% on a $175,000 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,349 by year five. Five-year ROI measures 123.17% and total cumulative return in cash reaches $71,455. For financing, Ziffy Mortgage’s DSCR program evaluates $1,339/mo property income against a $857/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1969
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34450, Inverness, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,538 (100%) |
| Owner Occupied HU | 4,512 (69.0%) |
| Renter Occupied HU | 1,078 (16.5%) |
| Vacant Housing Units | 948 (14.5%) |
| Median Home Value | $246,358 |
| Average Home Value | $277,330 |
Housing Distribution
Address Breakdown
Residential
5,938
Single Family
5,867
Multi-Family
71
Businesses
378
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Listed by: Della C Trimboli • ERA American Suncoast Realty
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #843218
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