24517 Hodges Reserve Ave,Howey In The Hills,FL,34737

Investment Highlights

Investment property for sale in Howey In The Hills at 24517 Hodges Reserve Ave, Howey In The Hills, FL, 34737 listed at $440,200 pairs $3,713/mo rent with a $2,155/mo payment to leave $791/mo cash flow. Total monthly income runs $3,713/mo, and annual cash flow reaches $9,496/yr on $145,926 cash to close. Return on cash invested measures 26.42% in year one, and rental yield registers 10.12% at a $440,200 basis. Equity gained on principal adds $2,841/yr, and annual property appreciation at 5% supports $121,619 by year five. Five-year ROI tracks 138.34% and total cumulative return in cash totals $201,877. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,713/mo property income relative to a $2,155/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).