18314 Galveston 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 18314 Galveston St, Spring Hill, FL, 34610 offers a 11.76% rental yield on a $278,000 purchase with $2,724/mo rent. Total monthly income registers $2,724/mo, and a $1,361/mo payment leaves $879/mo available for distribution. Annual cash flow reaches $10,546/yr on $92,157 to close, and return on cash invested stands at 31.35% in year one. Equity gained on principal adds $1,794/yr while 5% annual appreciation supports $76,806 over five years. Portfolio math shows five-year ROI at 164.79% and total cumulative return in cash at $151,865. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,724/mo property income against a $1,361/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1990
1.25 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: April Novenson • RE/MAX ALLIANCE GROUP
Mls Name: Stellar MLS
Mls ID: #W7878708