1913 Scarlett AveNorth PortFL34289
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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 North Port at 1913 Scarlett Ave, North Port, FL, 34289 generates $1,890/mo in rent, after a $1,835/mo payment. Total monthly income is $1,890/mo. Return on cash invested sits at 8.19% in year one, and rental yield is 6.05% on a $374,999 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,605 over five years. Five-year ROI reaches 42.77% and total cumulative return in cash sums $53,175. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,890/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
4,956 sqft lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34289, North Port, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,250 (100%) |
| Owner Occupied HU | 1,612 (71.6%) |
| Renter Occupied HU | 376 (16.7%) |
| Vacant Housing Units | 262 (11.6%) |
| Median Home Value | $412,834 |
| Average Home Value | $402,249 |
Housing Distribution
Address Breakdown
Residential
2,044
Single Family
1,644
Multi-Family
400
Businesses
186
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Listed by: Janice Fanstill • RIVERWOOD REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #D6143216
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511