20 Reef CtPlacidaFL33946
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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 Placida at 20 Reef Ct, Placida, FL, 33946 priced at $365,400 pairs $3,358/mo rent with $910/mo cash flow after a $1,788/mo payment. Total monthly income equals $3,358/mo, and annual cash flow comes to $10,915/yr on $121,130 invested. Return on cash invested is 28.92% in year one, and rental yield stands at 11.03% on a $365,400 basis. Equity gained on principal adds $2,358/yr, and 5% annual appreciation accumulates to $100,953 by year five. Five-year ROI measures 151.84% and total cumulative return in cash reaches $183,925. For financing, Ziffy Mortgage’s DSCR program evaluates $3,358/mo property income against a $1,788/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in N/A
7,865 sqft lot
$N/A/sqft
$24 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33946, Placida, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,805 (100%) |
| Owner Occupied HU | 1,595 (41.9%) |
| Renter Occupied HU | 121 ( 3.2%) |
| Vacant Housing Units | 2,089 (54.9%) |
| Median Home Value | $642,188 |
| Average Home Value | $677,636 |
Housing Distribution
Address Breakdown
Residential
1,594
Single Family
1,243
Multi-Family
351
Businesses
189
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