2782 N Lakefront DrHernandoFL34442
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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 Hernando at 2782 N Lakefront Dr, Hernando, FL, 34442 priced at $154,999 converts $1,381/mo rent into $348/mo cash flow after a $759/mo obligation. Total monthly income equals $1,381/mo, and annual cash flow totals $4,181/yr on $51,382 invested. Return on cash invested prints 28.05% in year one, and rental yield reads 10.69% against a $154,999 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,823 by year five. Five-year ROI reaches 147.14% and total cumulative return in cash sums $75,603. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,381/mo property income covering a $759/mo payment, not borrower’s personal income.
Single Family
Built in 1958
10,488 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34442, Hernando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,437 (100%) |
| Owner Occupied HU | 7,741 (74.2%) |
| Renter Occupied HU | 1,132 (10.8%) |
| Vacant Housing Units | 1,564 (15.0%) |
| Median Home Value | $374,320 |
| Average Home Value | $401,900 |
Housing Distribution
Address Breakdown
Residential
9,683
Single Family
9,167
Multi-Family
516
Businesses
304
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Listed by: Francis Ritchie • PEOPLE'S TRUST REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #T3537382
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511