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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lithia at 16843 Hawkridge Rd, Lithia, FL, 33547 offers a 8.56% rental yield on a $387,000 purchase with $2,760/mo rent. Total monthly income registers $2,760/mo, and a $1,894/mo payment leaves $143/mo available for distribution. Annual cash flow reaches $1,719/yr on $128,291 to close, and return on cash invested stands at 21.25% in year one. Equity gained on principal adds $2,497/yr while 5% annual appreciation supports $106,921 over five years. Portfolio math shows five-year ROI at 110.81% and total cumulative return in cash at $142,154. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,760/mo property income against a $1,894/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
7,392 sqft lot
$N/A/sqft
$10 monthly HOA
Neighborhood data shown for ZIP Code: 33547, Lithia, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,999 (100%) |
| Owner Occupied HU | 8,930 (81.2%) |
| Renter Occupied HU | 1,652 (15.0%) |
| Vacant Housing Units | 417 ( 3.8%) |
| Median Home Value | $577,927 |
| Average Home Value | $619,117 |
Residential
10,633
Single Family
10,028
Multi-Family
605
Businesses
441
Date | Event | Price |
|---|---|---|
| 2025-02-06 | Price change | $387,000 |
| 2024-12-27 | Listed for sale | $391,000 |
| 2024-12-22 | Pending sale | $391,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-14 | $3908.48 | 4.54% | $169,317 | 3.00% |
| 2022-02-14 | $3738.79 | 7.56% | $164,385 | 3.00% |
| 2021-02-14 | $3475.97 | 2.51% | $159,597 | 1.40% |
Listed by: Greg Blackall • OPENDOOR BROKERAGE LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6252169
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
