1799 W Shanelle PathLecantoFL34461
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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
Rental property for sale in Lecanto at 1799 W Shanelle Path, Lecanto, FL, 34461 generates $2,201/mo in rent and, after a $1,106/mo payment, leaves $234/mo in cash flow. Total monthly income is $2,201/mo, and annual cash flow is $2,813/yr on $74,919 invested. Return on cash invested sits at 23.66% in year one, and rental yield is 11.69% on a $226,000 entry. Equity gained on principal adds $1,458/yr, while 5% annual appreciation builds toward $62,440 over five years. Five-year ROI reaches 126.31% and total cumulative return in cash sums $94,631. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,201/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
0.27 Acres lot
$N/A/sqft
$467 monthly 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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Listed by: Nancy Kimbrell • LPT Realty, LLC
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #844720
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.