238 Argyll DrSpring HillFL34609
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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 Spring Hill at 238 Argyll Dr, Spring Hill, FL, 34609 with 5% annual appreciation on a $365,000 basis while $3,244/mo rent supports operations. Total monthly income totals $3,244/mo and a $1,786/mo payment preserves $822/mo for cash returns. Annual cash flow comes to $9,867/yr on $120,998 deployed, and return on cash invested reaches 28.06% in year one. Equity gained on principal adds $2,355/yr, and five-year appreciation sums $100,843 alongside rental yield of 10.67%. Five-year ROI measures 147.19% and total cumulative return in cash totals $178,099.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,244/mo property income versus a $1,786/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34609, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,358 (100%) |
| Owner Occupied HU | 16,098 (79.1%) |
| Renter Occupied HU | 3,096 (15.2%) |
| Vacant Housing Units | 1,164 ( 5.7%) |
| Median Home Value | $346,231 |
| Average Home Value | $372,548 |
Housing Distribution
Address Breakdown
Residential
18,800
Single Family
18,316
Multi-Family
484
Businesses
658
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Listed by: James Hinson PA • ERA American Suncoast Realty
Mls Name: Realtors Association of Citrus County
Mls ID: #846757