2367 Gimlet AveSpring HillFL34608
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 Spring Hill at 2367 Gimlet Ave, Spring Hill, FL, 34608 uses $109,395 cash to close to unlock $699/yr annual cash flow and $58/mo monthly cash flow. Total monthly income runs $2,248/mo, and a $1,615/mo payment keeps the spread at $58/mo. Purchase price stands at $330,000, and rental yield measures 8.17% with $2,248/mo rent. Return on cash invested shows 20.55% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 106.88% and total cumulative return in cash records $116,927. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,248/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 2004
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34608, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,552 (100%) |
| Owner Occupied HU | 11,227 (72.2%) |
| Renter Occupied HU | 3,143 (20.2%) |
| Vacant Housing Units | 1,182 ( 7.6%) |
| Median Home Value | $312,231 |
| Average Home Value | $334,098 |
Housing Distribution
Address Breakdown
Residential
14,222
Single Family
14,047
Multi-Family
175
Businesses
226
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daulem Alvarez • TOPAZ REALTY LLC
Mls Name: Stellar MLS
Mls ID: #TB8437753