1709 Kerman StNorth PortFL34288
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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 North Port at 1709 Kerman St, North Port, FL, 34288 listed at $293,000 pairs $2,185/mo rent with a $1,434/mo payment to leave $145/mo cash flow. Total monthly income runs $2,185/mo, and annual cash flow reaches $1,737/yr on $97,130 cash to close. Return on cash invested measures 21.7% in year one, and rental yield registers 8.95% at a $293,000 basis. Equity gained on principal adds $1,891/yr, and annual property appreciation at 5% supports $80,951 by year five. Five-year ROI tracks 113.45% and total cumulative return in cash totals $110,194. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,185/mo property income relative to a $1,434/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34288, North Port, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,751 (100%) |
| Owner Occupied HU | 4,901 (72.6%) |
| Renter Occupied HU | 1,279 (18.9%) |
| Vacant Housing Units | 571 ( 8.5%) |
| Median Home Value | $405,293 |
| Average Home Value | $484,339 |
Housing Distribution
Address Breakdown
Residential
7,260
Single Family
6,874
Multi-Family
386
Businesses
89
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A