24 Pine StHomosassaFL34446
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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
Rental property for sale in Homosassa at 24 Pine St, Homosassa, FL, 34446 priced at $399,000 pairs $3,466/mo rent with $712/mo cash flow after a $1,953/mo payment. Total monthly income equals $3,466/mo, and annual cash flow comes to $8,544/yr on $132,269 invested. Return on cash invested is 26.37% in year one, and rental yield stands at 10.42% on a $399,000 basis. Equity gained on principal adds $2,575/yr, and 5% annual appreciation accumulates to $110,236 by year five. Five-year ROI measures 138.4% and total cumulative return in cash reaches $183,062. For financing, Ziffy Mortgage’s DSCR program evaluates $3,466/mo property income against a $1,953/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1985
0.51 Acres lot
$N/A/sqft
$124 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34446, Homosassa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,966 (100%) |
| Owner Occupied HU | 8,725 (79.6%) |
| Renter Occupied HU | 1,061 ( 9.7%) |
| Vacant Housing Units | 1,180 (10.8%) |
| Median Home Value | $293,440 |
| Average Home Value | $310,549 |
Housing Distribution
Address Breakdown
Residential
10,055
Single Family
8,102
Multi-Family
1,953
Businesses
299
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Listed by: James Martin Jr • Discount Realty Florida, LLC
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #840471
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.