2476 N Wright PointCrystal RiverFL34428
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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 Crystal River at 2476 N Wright Point, Crystal River, FL, 34428 uses $72,101 cash to close to unlock $6,098/yr annual cash flow and $508/mo monthly cash flow. Total monthly income runs $1,952/mo, and a $1,065/mo payment keeps the spread at $508/mo. Purchase price stands at $217,500, and rental yield measures 10.77% with $1,952/mo rent. Return on cash invested shows 28.37% in year one, and 5% annual appreciation builds toward $60,091 over five years. Five-year ROI reaches 148.83% and total cumulative return in cash records $107,310. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,952/mo property income covering a $1,065/mo payment rather than investor’s personal income.
Manufactured
Built in 2007
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34428, Crystal River, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,401 (100%) |
| Owner Occupied HU | 3,519 (65.2%) |
| Renter Occupied HU | 1,044 (19.3%) |
| Vacant Housing Units | 838 (15.5%) |
| Median Home Value | $326,153 |
| Average Home Value | $350,676 |
Housing Distribution
Address Breakdown
Residential
5,072
Single Family
4,921
Multi-Family
151
Businesses
268
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Listed by: Nathan Barnes • RE/MAX Realty One
Mls Name: Realtors Association of Citrus County
Mls ID: #848351