240 E Glassboro Ct APT 4AHernandoFL34442
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 Hernando at 240 E Glassboro Ct APT 4A, Hernando, FL, 34442 listed at $165,000 pairs $1,265/mo rent with a $808/mo payment. Total monthly income runs $1,265/mo. Return on cash invested measures 13.21% in year one, and rental yield registers 9.2% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 71.32% and total cumulative return in cash totals $39,011. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,265/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
871.20 sqft lot
$N/A/sqft
$475 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34442, Hernando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,437 (100%) |
| Owner Occupied HU | 7,741 (74.2%) |
| Renter Occupied HU | 1,132 (10.8%) |
| Vacant Housing Units | 1,564 (15.0%) |
| Median Home Value | $374,320 |
| Average Home Value | $401,900 |
Housing Distribution
Address Breakdown
Residential
9,683
Single Family
9,167
Multi-Family
516
Businesses
304
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katie Spires • Keller Williams Realty - Elite Partners II
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #839408
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.