23209 Blue Ridge PlLand O LakesFL34639
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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 Land O Lakes at 23209 Blue Ridge Pl, Land O Lakes, FL, 34639 generates $2,970/mo in rent and, after a $2,080/mo payment, leaves $150/mo in cash flow. Total monthly income is $2,970/mo, and annual cash flow is $1,797/yr on $140,888 invested. Return on cash invested sits at 21.18% in year one, and rental yield is 8.39% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 110.27% and total cumulative return in cash sums $155,357. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,970/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34639, Land O Lakes, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,947 (100%) |
| Owner Occupied HU | 8,151 (74.5%) |
| Renter Occupied HU | 2,346 (21.4%) |
| Vacant Housing Units | 450 ( 4.1%) |
| Median Home Value | $434,237 |
| Average Home Value | $477,200 |
Housing Distribution
Address Breakdown
Residential
10,979
Single Family
9,323
Multi-Family
1,656
Businesses
795
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Listed by: Michelle Deaton • RE/MAX PREMIER GROUP
Mls Name: Stellar MLS
Mls ID: #TB8460211