23702 75th Ave EMyakka CityFL34251
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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 Myakka City at 23702 75th Ave E, Myakka City, FL, 34251 offers a 4.57% rental yield on a $1,229,000 purchase with $4,680/mo rent. 9% in year one. Equity gained on principal adds $7,931/yr while 5% annual appreciation supports $339,550 over five years. Portfolio math shows five-year ROI at 49.65% and total cumulative return in cash at $197,708. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,680/mo property income against a $6,015/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
4.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34251, Myakka City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,669 (100%) |
| Owner Occupied HU | 2,284 (85.6%) |
| Renter Occupied HU | 240 ( 9.0%) |
| Vacant Housing Units | 145 ( 5.4%) |
| Median Home Value | $596,483 |
| Average Home Value | $657,437 |
Housing Distribution
Address Breakdown
Residential
2,515
Single Family
2,509
Multi-Family
6
Businesses
117
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Listed by: Trish Chandler • PREMIER SOTHEBYS INTL REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4596501
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