2280 S Waterman DrCrystal 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
Investment property for sale in Crystal River at 2280 S Waterman Dr, Crystal River, FL, 34429 uses $58,038 cash to close to unlock $7,284/yr annual cash flow and $607/mo monthly cash flow. Total monthly income runs $1,842/mo, and a $857/mo payment keeps the spread at $607/mo. Purchase price stands at $175,076, and rental yield measures 12.63% with $1,842/mo rent. Return on cash invested shows 32.46% in year one, and 5% annual appreciation builds toward $48,370 over five years. Five-year ROI reaches 171.25% and total cumulative return in cash records $99,391. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,842/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.26 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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