2350 Firebrand RdNorth PortFL34288
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 North Port at 2350 Firebrand Rd, North Port, FL, 34288 uses $82,875 cash to close to unlock $9,895/yr annual cash flow and $825/mo monthly cash flow. Total monthly income runs $2,484/mo, and a $1,224/mo payment keeps the spread at $825/mo. Purchase price stands at $250,000, and rental yield measures 11.92% with $2,484/mo rent. Return on cash invested shows 31.85% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 167.47% and total cumulative return in cash records $138,790. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,484/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 2022
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34288, North Port, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,751 (100%) |
| Owner Occupied HU | 4,901 (72.6%) |
| Renter Occupied HU | 1,279 (18.9%) |
| Vacant Housing Units | 571 ( 8.5%) |
| Median Home Value | $405,293 |
| Average Home Value | $484,339 |
Housing Distribution
Address Breakdown
Residential
7,260
Single Family
6,874
Multi-Family
386
Businesses
89
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dolores Castellanos • LA ROSA REALTY LLC
Mls Name: Stellar MLS
Mls ID: #A4665187