223 S Nesbitt TerInvernessFL34450
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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 Inverness at 223 S Nesbitt Ter, Inverness, FL, 34450 priced at $765,000 pairs $1,920/mo rent with after a $3,744/mo payment. Total monthly income equals $1,920/mo. Return on cash invested is 5.01% in year one, and rental yield stands at 3.01% on a $765,000 basis. Equity gained on principal adds $4,936/yr, and 5% annual appreciation accumulates to $211,355 by year five. Five-year ROI measures 23.51% and total cumulative return in cash reaches $59,171. For financing, Ziffy Mortgage’s DSCR program evaluates $1,920/mo property income against a $3,744/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34450, Inverness, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,538 (100%) |
| Owner Occupied HU | 4,512 (69.0%) |
| Renter Occupied HU | 1,078 (16.5%) |
| Vacant Housing Units | 948 (14.5%) |
| Median Home Value | $246,358 |
| Average Home Value | $277,330 |
Housing Distribution
Address Breakdown
Residential
5,938
Single Family
5,867
Multi-Family
71
Businesses
378
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