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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lithia at 205 Wendel Ave, Lithia, FL, 33547 priced at $380,000 converts $2,024/mo rent into after a $1,860/mo obligation. Total monthly income equals $2,024/mo. Return on cash invested prints 15.17% in year one, and rental yield reads 6.39% against a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation compiles into $104,987 by year five. Five-year ROI reaches 78.03% and total cumulative return in cash sums $98,293. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,024/mo property income covering a $1,860/mo payment, not borrower’s personal income.
Single Family
Built in 1981
1.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33547, Lithia, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,999 (100%) |
| Owner Occupied HU | 8,930 (81.2%) |
| Renter Occupied HU | 1,652 (15.0%) |
| Vacant Housing Units | 417 ( 3.8%) |
| Median Home Value | $577,927 |
| Average Home Value | $619,117 |
Residential
10,633
Single Family
10,028
Multi-Family
605
Businesses
441
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jennifer O'Neal • QUICKSILVER REAL ESTATE GROUP
Mls Name: Stellar MLS
Mls ID: #TB8419901
