16710 Monteverde DrSpring 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
Investment property for sale in Spring Hill at 16710 Monteverde Dr, Spring Hill, FL, 34610 uses $59,670 cash to close to unlock $2,430/yr annual cash flow and $203/mo monthly cash flow. Total monthly income runs $1,397/mo, and a $881/mo payment keeps the spread at $203/mo. Purchase price stands at $180,000, and rental yield measures 9.31% with $1,397/mo rent. Return on cash invested shows 23.98% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 125.32% and total cumulative return in cash records $74,777. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,397/mo property income covering a $881/mo payment rather than investor’s personal income.
Manufactured
Built in 1963
1.13 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: Jess Ferguson • SOUTHERN BELLE REALTY, INC
Mls Name: Stellar MLS
Mls ID: #TB8419217