2588 Hemet StNorth PortFL34288
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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 North Port at 2588 Hemet St, North Port, FL, 34288 offers a 8.98% rental yield on a $339,698 purchase with $2,542/mo rent. Total monthly income registers $2,542/mo, and a $1,663/mo payment leaves $287/mo available for distribution. Annual cash flow reaches $3,448/yr on $112,610 to close, and return on cash invested stands at 22.97% in year one. Equity gained on principal adds $2,192/yr while 5% annual appreciation supports $93,852 over five years. Portfolio math shows five-year ROI at 119.87% and total cumulative return in cash at $134,983. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,542/mo property income against a $1,663/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34288, North Port, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,751 (100%) |
| Owner Occupied HU | 4,901 (72.6%) |
| Renter Occupied HU | 1,279 (18.9%) |
| Vacant Housing Units | 571 ( 8.5%) |
| Median Home Value | $405,293 |
| Average Home Value | $484,339 |
Housing Distribution
Address Breakdown
Residential
7,260
Single Family
6,874
Multi-Family
386
Businesses
89
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Listed by: Raul Gonzalez Batule • SELLING USA, LLC
Mls Name: Stellar MLS
Mls ID: #TB8438229