20 Plum CtHomosassaFL34446
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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 Homosassa at 20 Plum Ct, Homosassa, FL, 34446 priced at $238,000 converts $2,031/mo rent into $451/mo cash flow after a $1,165/mo obligation. Total monthly income equals $2,031/mo, and annual cash flow totals $5,418/yr on $78,897 invested. Return on cash invested prints 26.78% in year one, and rental yield reads 10.24% against a $238,000 entry. Equity gained on principal adds $1,536/yr, while 5% annual appreciation compiles into $65,755 by year five. Five-year ROI reaches 140.29% and total cumulative return in cash sums $110,686. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,031/mo property income covering a $1,165/mo payment, not borrower’s personal income.
Single Family
Built in 1984
0.40 Acres lot
$N/A/sqft
No 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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