1679 W Spring Meadow LoopLecantoFL34461
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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 Lecanto at 1679 W Spring Meadow Loop, Lecanto, FL, 34461 listed at $251,000 pairs $2,114/mo rent with a $1,229/mo payment to leave $448/mo cash flow. Total monthly income runs $2,114/mo, and annual cash flow reaches $5,374/yr on $83,207 cash to close. Return on cash invested measures 26.37% in year one, and rental yield registers 10.11% at a $251,000 basis. Equity gained on principal adds $1,620/yr, and annual property appreciation at 5% supports $69,347 by year five. Five-year ROI tracks 138.08% and total cumulative return in cash totals $114,888. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,114/mo property income relative to a $1,229/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2005
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34461, Lecanto, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,511 (100%) |
| Owner Occupied HU | 4,308 (78.2%) |
| Renter Occupied HU | 663 (12.0%) |
| Vacant Housing Units | 540 ( 9.8%) |
| Median Home Value | $333,631 |
| Average Home Value | $379,618 |
Housing Distribution
Address Breakdown
Residential
5,214
Single Family
4,830
Multi-Family
384
Businesses
380
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