2335 Canfield DrSpring HillFL34609
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 Spring Hill at 2335 Canfield Dr, Spring Hill, FL, 34609 priced at $225,000 converts $1,517/mo rent into $24/mo cash flow after a $1,101/mo obligation. Total monthly income equals $1,517/mo, and annual cash flow totals $289/yr on $74,588 invested. Return on cash invested prints 20.3% in year one, and rental yield reads 8.09% against a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,163 by year five. Five-year ROI reaches 105.57% and total cumulative return in cash sums $78,741. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,517/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Single Family
Built in 1990
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34609, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,358 (100%) |
| Owner Occupied HU | 16,098 (79.1%) |
| Renter Occupied HU | 3,096 (15.2%) |
| Vacant Housing Units | 1,164 ( 5.7%) |
| Median Home Value | $346,231 |
| Average Home Value | $372,548 |
Housing Distribution
Address Breakdown
Residential
18,800
Single Family
18,316
Multi-Family
484
Businesses
658
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nick Giovinazzi • TROPIC SHORES REALTY LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #W7873982
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