17511 Carthage AveSpring 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 17511 Carthage Ave, Spring Hill, FL, 34610 listed at $269,500 pairs $2,280/mo rent with a $1,319/mo payment to leave $492/mo cash flow. Total monthly income runs $2,280/mo, and annual cash flow reaches $5,899/yr on $89,339 cash to close. Return on cash invested measures 26.51% in year one, and rental yield registers 10.15% at a $269,500 basis. Equity gained on principal adds $1,739/yr, and annual property appreciation at 5% supports $74,458 by year five. Five-year ROI tracks 138.85% and total cumulative return in cash totals $124,044. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,280/mo property income relative to a $1,319/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1990
1.05 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: Thomas Homan • Homan Realty Group Inc.
Mls Name: Realtors Association of Citrus County
Mls ID: #847929