1921 W Chelsea Ann WayLecantoFL34461
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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 1921 W Chelsea Ann Way, Lecanto, FL, 34461 uses $79,527 cash to close to unlock $1,315/yr annual cash flow and $110/mo monthly cash flow. Total monthly income runs $2,350/mo, and a $1,174/mo payment keeps the spread at $110/mo. Purchase price stands at $239,900, and rental yield measures 11.75% with $2,350/mo rent. Return on cash invested shows 21.56% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 115.85% and total cumulative return in cash records $92,131. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,350/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 2001
10,290 sqft lot
$N/A/sqft
$610 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: Julie Vaughan • JV SOUTHERN REAL ESTATE LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #T3547336
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