1889 Northland AveNorth PortFL34288
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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 North Port at 1889 Northland Ave, North Port, FL, 34288 uses $145,197 cash to close to unlock $1,058/yr annual cash flow and $88/mo monthly cash flow. Total monthly income runs $2,995/mo, and a $2,144/mo payment keeps the spread at $88/mo. Purchase price stands at $438,000, and rental yield measures 8.21% with $2,995/mo rent. Return on cash invested shows 20.64% in year one, and 5% annual appreciation builds toward $121,011 over five years. Five-year ROI reaches 107.36% and total cumulative return in cash records $155,886. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,995/mo property income covering a $2,144/mo payment rather than investor’s personal income.
Single Family
Built in 2003
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34288, North Port, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,751 (100%) |
| Owner Occupied HU | 4,901 (72.6%) |
| Renter Occupied HU | 1,279 (18.9%) |
| Vacant Housing Units | 571 ( 8.5%) |
| Median Home Value | $405,293 |
| Average Home Value | $484,339 |
Housing Distribution
Address Breakdown
Residential
7,260
Single Family
6,874
Multi-Family
386
Businesses
89
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Listed by: Marat Bagaev • BEACHFRONT REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8410147