186 E Glassboro Ct APT 4BHernandoFL34442
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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 Hernando at 186 E Glassboro Ct APT 4B, Hernando, FL, 34442 generates $1,825/mo in rent and, after a $876/mo payment, leaves $637/mo in cash flow. Total monthly income is $1,825/mo, and annual cash flow is $7,647/yr on $59,339 invested. Return on cash invested sits at 32.8% in year one, and rental yield is 12.23% on a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 172.59% and total cumulative return in cash sums $102,411. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,825/mo property income rather than buyer’s personal income.
Condo
Built in 1985
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34442, Hernando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,437 (100%) |
| Owner Occupied HU | 7,741 (74.2%) |
| Renter Occupied HU | 1,132 (10.8%) |
| Vacant Housing Units | 1,564 (15.0%) |
| Median Home Value | $374,320 |
| Average Home Value | $401,900 |
Housing Distribution
Address Breakdown
Residential
9,683
Single Family
9,167
Multi-Family
516
Businesses
304
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