2363 Homestead Cir,North Port,FL,34286

Investment Highlights

Rental property for sale in North Port at 2363 Homestead Cir, North Port, FL, 34286 generates $3,755/mo in rent and, after a $2,756/mo payment, leaves $11/mo in cash flow. Total monthly income is $3,755/mo, and annual cash flow is $131/yr on $185,227 invested. Return on cash invested sits at 20.13% in year one, and rental yield is 8% on a $563,000 entry. Equity gained on principal adds $3,633/yr, while 5% annual appreciation builds toward $155,547 over five years. Five-year ROI reaches 104.6% and total cumulative return in cash sums $193,739. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,755/mo property income rather than buyer’s personal income.