1965 Louisiana AveEnglewoodFL34224
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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 Englewood at 1965 Louisiana Ave, Englewood, FL, 34224 generates $1,536/mo in rent and, after a $974/mo payment, leaves $215/mo in cash flow. Total monthly income is $1,536/mo, and annual cash flow is $2,585/yr on $65,969 invested. Return on cash invested sits at 23.83% in year one, and rental yield is 9.26% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 124.49% and total cumulative return in cash sums $82,122. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,536/mo property income rather than buyer’s personal income.
Condo
Built in 1974
797 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34224, Englewood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,443 (100%) |
| Owner Occupied HU | 7,238 (63.3%) |
| Renter Occupied HU | 1,486 (13.0%) |
| Vacant Housing Units | 2,719 (23.8%) |
| Median Home Value | $365,183 |
| Average Home Value | $399,158 |
Housing Distribution
Address Breakdown
Residential
10,796
Single Family
9,338
Multi-Family
1,458
Businesses
527
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