2329 Lancaster DrSun City CenterFL33573
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
Rental property for sale in Sun City Center at 2329 Lancaster Dr, Sun City Center, FL, 33573 priced at $215,000 pairs $1,535/mo rent with $109/mo cash flow after a $1,052/mo payment. Total monthly income equals $1,535/mo, and annual cash flow comes to $1,302/yr on $71,273 invested. Return on cash invested is 21.74% in year one, and rental yield stands at 8.57% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 113.25% and total cumulative return in cash reaches $80,713. For financing, Ziffy Mortgage’s DSCR program evaluates $1,535/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1987
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33573, Sun City Center, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,732 (100%) |
| Owner Occupied HU | 14,125 (71.6%) |
| Renter Occupied HU | 3,322 (16.8%) |
| Vacant Housing Units | 2,285 (11.6%) |
| Median Home Value | $359,854 |
| Average Home Value | $400,076 |
Housing Distribution
Address Breakdown
Residential
19,129
Single Family
16,660
Multi-Family
2,469
Businesses
322
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Johnson • REAL BROKER, LLC
Mls Name: Stellar MLS
Mls ID: #TB8441065