2 Hemlock Ct EHomosassaFL34446
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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 Homosassa at 2 Hemlock Ct E, Homosassa, FL, 34446 offers a 9.42% rental yield on a $328,900 purchase with $2,582/mo rent. Total monthly income registers $2,582/mo, and a $1,610/mo payment leaves $389/mo available for distribution. Annual cash flow reaches $4,666/yr on $109,030 to close, and return on cash invested stands at 24.19% in year one. Equity gained on principal adds $2,122/yr while 5% annual appreciation supports $90,869 over five years. Portfolio math shows five-year ROI at 126.42% and total cumulative return in cash at $137,833. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,582/mo property income against a $1,610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
0.35 Acres lot
$N/A/sqft
$124 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34446, Homosassa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,966 (100%) |
| Owner Occupied HU | 8,725 (79.6%) |
| Renter Occupied HU | 1,061 ( 9.7%) |
| Vacant Housing Units | 1,180 (10.8%) |
| Median Home Value | $293,440 |
| Average Home Value | $310,549 |
Housing Distribution
Address Breakdown
Residential
10,055
Single Family
8,102
Multi-Family
1,953
Businesses
299
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Listed by: Carol Case • Coldwell Banker Next Generation Realty
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #840296
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.