20820 River Dr APT B37DunnellonFL34431
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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 Dunnellon at 20820 River Dr APT B37, Dunnellon, FL, 34431 offers a 8.83% rental yield on a $249,900 purchase with $1,839/mo rent. Total monthly income registers $1,839/mo, and a $1,223/mo payment leaves $181/mo available for distribution. Annual cash flow reaches $2,169/yr on $82,842 to close, and return on cash invested stands at 22.53% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 117.47% and total cumulative return in cash at $97,310. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,839/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1986
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34431, Dunnellon, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,970 (100%) |
| Owner Occupied HU | 3,745 (75.4%) |
| Renter Occupied HU | 624 (12.6%) |
| Vacant Housing Units | 601 (12.1%) |
| Median Home Value | $238,809 |
| Average Home Value | $256,672 |
Housing Distribution
Address Breakdown
Residential
4,567
Single Family
4,567
Multi-Family
0
Businesses
95
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