1868 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
Investment property for sale in Lecanto at 1868 W Shanelle Path, Lecanto, FL, 34461 with 5% annual appreciation on a $259,900 basis while $2,367/mo rent supports operations. Total monthly income totals $2,367/mo and a $1,272/mo payment preserves $177/mo for cash returns. Annual cash flow comes to $2,128/yr on $86,157 deployed, and return on cash invested reaches 22.38% in year one. Equity gained on principal adds $1,677/yr, and five-year appreciation sums $71,806 alongside rental yield of 10.93%. Five-year ROI measures 119.06% and total cumulative return in cash totals $102,574.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,367/mo property income versus a $1,272/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1999
0.28 Acres lot
$N/A/sqft
$465 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: Jorge Rodriguez • Rod Realty Corp
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #839787
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.