28 N Edinburgh DrInvernessFL34450
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Inverness at 28 N Edinburgh Dr, Inverness, FL, 34450 priced at $165,000 converts $1,271/mo rent into $176/mo cash flow after a $808/mo obligation. Total monthly income equals $1,271/mo, and annual cash flow totals $2,107/yr on $54,698 invested. Return on cash invested prints 23.76% in year one, and rental yield reads 9.24% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 124.13% and total cumulative return in cash sums $67,895. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,271/mo property income covering a $808/mo payment, not borrower’s personal income.
Single Family
Built in 1972
9,592 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34450, Inverness, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,538 (100%) |
| Owner Occupied HU | 4,512 (69.0%) |
| Renter Occupied HU | 1,078 (16.5%) |
| Vacant Housing Units | 948 (14.5%) |
| Median Home Value | $246,358 |
| Average Home Value | $277,330 |
Housing Distribution
Address Breakdown
Residential
5,938
Single Family
5,867
Multi-Family
71
Businesses
378
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices