2109 S Gulfwater PointCrystal RiverFL34429
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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 Crystal River at 2109 S Gulfwater Point, Crystal River, FL, 34429 generates $1,409/mo in rent and, after a $852/mo payment, leaves $254/mo in cash flow. Total monthly income is $1,409/mo, and annual cash flow is $3,047/yr on $57,681 invested. Return on cash invested sits at 25.19% in year one, and rental yield is 9.72% on a $174,000 entry. Equity gained on principal adds $1,123/yr, while 5% annual appreciation builds toward $48,073 over five years. Five-year ROI reaches 131.74% and total cumulative return in cash sums $75,989. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,409/mo property income rather than buyer’s personal income.
Manufactured
Built in 1994
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34429, Crystal River, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,687 (100%) |
| Owner Occupied HU | 3,454 (60.7%) |
| Renter Occupied HU | 846 (14.9%) |
| Vacant Housing Units | 1,387 (24.4%) |
| Median Home Value | $308,497 |
| Average Home Value | $360,597 |
Housing Distribution
Address Breakdown
Residential
4,888
Single Family
4,852
Multi-Family
36
Businesses
692
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Listed by: Kenneth Sargent • ERA American Suncoast Realty
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #840486
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.