18832 Dorman Rd, Lithia, FL, 33547 | $667/mo Cash Flow

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18832 Dorman Rd, Lithia, FL, 33547 | $667/mo Cash Flow | Ziffy

For Sale

Listed for sale today

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lithia at 18832 Dorman Rd, Lithia, FL, 33547 offers a 10.16% rental yield on a $365,000 purchase with $3,089/mo rent. Total monthly income registers $3,089/mo, and a $1,786/mo payment leaves $667/mo available for distribution. Annual cash flow reaches $8,007/yr on $120,998 to close, and return on cash invested stands at 26.53% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,843 over five years. Portfolio math shows five-year ROI at 138.94% and total cumulative return in cash at $168,115. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,089/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 1997

0.96 Acres lot

$N/A/sqft

No HOA

More details about the property

This 4 bedroom 2.5 bath, 2000 sq ft manufactured home offers country living with city convenience. The kitchen is open & airy and flows into the dining room that offers plenty of room for holiday entertaining. The living room offers plenty of space for family time. The primary suite offers a large walk-in closet and a spacious bathroom with a tub and a shower. The secondary rooms are spacious. The back of the house offers a separate room with it's own entry. This room is perfect for your mancave or family bonus room, a game room and features a half bathroom. The front porch is the perfect spot for your morning coffee. You can enjoy your fireside chats and smores around the built-in firepit. There are chicken coops so bring your chickens and collect your eggs. There is also a workshop/storage building on the property. Situated a 1 acre mol corner lot that is completely fenced. There is a covered 4 car carport. No HOA here- bring all your toys!

Neighborhood Data

Neighborhood data shown for ZIP Code: 33547, Lithia, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,999 (100%)
Owner Occupied HU	8,930 (81.2%)
Renter Occupied HU	1,652 (15.0%)
Vacant Housing Units	417 ( 3.8%)
Median Home Value	$577,927
Average Home Value	$619,117