260 S Caraway PointLecantoFL34461
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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 Lecanto at 260 S Caraway Point, Lecanto, FL, 34461 at $190,000 posts ROI 24.52% with $242/mo cash flow from $1,503/mo rent. Total monthly income equals $1,503/mo, and annual cash flow records $2,905/yr on $62,985 to close. Return on cash invested measures 24.52% and rental yield reads 9.49% at the current $190,000. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 by year five. Five-year ROI prints 128.24% and total cumulative return in cash totals $80,772.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,503/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2015
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34461, Lecanto, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,511 (100%) |
| Owner Occupied HU | 4,308 (78.2%) |
| Renter Occupied HU | 663 (12.0%) |
| Vacant Housing Units | 540 ( 9.8%) |
| Median Home Value | $333,631 |
| Average Home Value | $379,618 |
Housing Distribution
Address Breakdown
Residential
5,214
Single Family
4,830
Multi-Family
384
Businesses
380
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