2742 N Prestwick WayLecantoFL34461
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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
Rental property for sale in Lecanto at 2742 N Prestwick Way, Lecanto, FL, 34461 priced at $825,000 converts $4,076/mo rent into after a $4,038/mo obligation. Total monthly income equals $4,076/mo. Return on cash invested prints 12.9% in year one, and rental yield reads 5.93% against a $825,000 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation compiles into $227,932 by year five. Five-year ROI reaches 66.15% and total cumulative return in cash sums $179,541. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,076/mo property income covering a $4,038/mo payment, not borrower’s personal income.
Single Family
Built in 2003
0.69 Acres lot
$N/A/sqft
$665 quarterly 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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Listed by: Leslie N Landham • RE/MAX Foxfire - HWY 40
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #839678
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