231 Tasmania LnEnglewoodFL34223
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Englewood at 231 Tasmania Ln, Englewood, FL, 34223 offers a 10.57% rental yield on a $189,900 purchase with $1,673/mo rent. Total monthly income registers $1,673/mo, and a $929/mo payment leaves $113/mo available for distribution. Annual cash flow reaches $1,359/yr on $62,952 to close, and return on cash invested stands at 22.07% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 117.14% and total cumulative return in cash at $73,745. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,673/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1982
3,651 sqft lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34223, Englewood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,549 (100%) |
| Owner Occupied HU | 10,404 (62.9%) |
| Renter Occupied HU | 1,637 ( 9.9%) |
| Vacant Housing Units | 4,508 (27.2%) |
| Median Home Value | $546,059 |
| Average Home Value | $631,986 |
Housing Distribution
Address Breakdown
Residential
13,691
Single Family
11,537
Multi-Family
2,154
Businesses
636
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laurie Sandoval • RE/MAX PALM REALTY OF VENICE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #D6138830
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511