2373 County Road 401Lake PanasoffkeeFL33538
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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 Lake Panasoffkee at 2373 County Road 401, Lake Panasoffkee, FL, 33538 uses $36,134 cash to close to unlock $1,622/yr annual cash flow and $135/mo monthly cash flow. Total monthly income runs $859/mo, and a $534/mo payment keeps the spread at $135/mo. Purchase price stands at $109,000, and rental yield measures 9.46% with $859/mo rent. Return on cash invested shows 24.4% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 127.62% and total cumulative return in cash records $46,114. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $859/mo property income covering a $534/mo payment rather than investor’s personal income.
Manufactured
Built in 1966
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33538, Lake Panasoffkee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,984 (100%) |
| Owner Occupied HU | 1,740 (58.3%) |
| Renter Occupied HU | 554 (18.6%) |
| Vacant Housing Units | 690 (23.1%) |
| Median Home Value | $163,971 |
| Average Home Value | $220,272 |
Housing Distribution
Address Breakdown
Residential
2,271
Single Family
2,271
Multi-Family
0
Businesses
110
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Listed by: Luke Whitehurst • Century 21 J.W.Morton R.E.
Mls Name: Realtors Association of Citrus County
Mls ID: #851474