20724 Goldenrain Pass #251GrovelandFL34736
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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 Groveland at 20724 Goldenrain Pass #251, Groveland, FL, 34736 generates $1,623/mo in rent and, after a $871/mo payment, leaves $442/mo in cash flow. Total monthly income is $1,623/mo, and annual cash flow is $5,304/yr on $59,007 invested. Return on cash invested sits at 28.9% in year one, and rental yield is 10.94% on a $178,000 entry. Equity gained on principal adds $1,149/yr, while 5% annual appreciation builds toward $49,178 over five years. Five-year ROI reaches 151.61% and total cumulative return in cash sums $89,461. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,623/mo property income rather than buyer’s personal income.
Manufactured
Built in 2008
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34736, Groveland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,513 (100%) |
| Owner Occupied HU | 10,130 (81.0%) |
| Renter Occupied HU | 1,480 (11.8%) |
| Vacant Housing Units | 903 ( 7.2%) |
| Median Home Value | $388,854 |
| Average Home Value | $424,666 |
Housing Distribution
Address Breakdown
Residential
10,737
Single Family
9,856
Multi-Family
881
Businesses
457
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