2276 County Road 423 LOT 4Lake PanasoffkeeFL33538
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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 Lake Panasoffkee at 2276 County Road 423 LOT 4, Lake Panasoffkee, FL, 33538 uses $74,588 cash to close to unlock $5,845/yr annual cash flow and $487/mo monthly cash flow. Total monthly income runs $1,980/mo, and a $1,101/mo payment keeps the spread at $487/mo. Purchase price stands at $225,000, and rental yield measures 10.56% with $1,980/mo rent. Return on cash invested shows 27.75% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 145.5% and total cumulative return in cash records $108,525. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,980/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33538, Lake Panasoffkee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,984 (100%) |
| Owner Occupied HU | 1,740 (58.3%) |
| Renter Occupied HU | 554 (18.6%) |
| Vacant Housing Units | 690 (23.1%) |
| Median Home Value | $163,971 |
| Average Home Value | $220,272 |
Housing Distribution
Address Breakdown
Residential
2,271
Single Family
2,271
Multi-Family
0
Businesses
110
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Listed by: Kody Ondriezek • FLAMINGO REAL ESTATE & MNGMT
Mls Name: Stellar MLS
Mls ID: #G5102921