1961 Thorngate LnMascotteFL34753
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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 Mascotte at 1961 Thorngate Ln, Mascotte, FL, 34753 uses $142,545 cash to close to unlock $1,021/yr annual cash flow and $85/mo monthly cash flow. Total monthly income runs $2,939/mo, and a $2,105/mo payment keeps the spread at $85/mo. Purchase price stands at $430,000, and rental yield measures 8.2% with $2,939/mo rent. Return on cash invested shows 20.63% in year one, and 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 107.3% and total cumulative return in cash records $152,955. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,939/mo property income covering a $2,105/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34753, Mascotte, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,193 (100%) |
| Owner Occupied HU | 1,615 (73.6%) |
| Renter Occupied HU | 463 (21.1%) |
| Vacant Housing Units | 115 ( 5.2%) |
| Median Home Value | $278,266 |
| Average Home Value | $323,303 |
Housing Distribution
Address Breakdown
Residential
2,717
Single Family
2,717
Multi-Family
0
Businesses
98
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