18024 Drayton StSpring 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 18024 Drayton St, Spring Hill, FL, 34610 uses $94,478 cash to close to unlock $4,591/yr annual cash flow and $383/mo monthly cash flow. Total monthly income runs $2,274/mo, and a $1,395/mo payment keeps the spread at $383/mo. Purchase price stands at $285,000, and rental yield measures 9.57% with $2,274/mo rent. Return on cash invested shows 24.77% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 129.5% and total cumulative return in cash records $122,346. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,274/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Manufactured
Built in 1978
1.16 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: Claudia Alonso Trujillo • HOMETRUST REALTY GROUP
Mls Name: Stellar MLS
Mls ID: #TB8470890