2816 Silas AveNorth 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 2816 Silas Ave, North Port, FL, 34288 earns $320/mo cash flow from $2,842/mo rent with a $1,860/mo payment. Total monthly income totals $2,842/mo, and annual cash flow totals $3,842/yr on $125,970 capital. ROI tracks 22.96% on current figures, and rental yield reads 8.97% at a $380,000 purchase. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 over five years. Five-year ROI reaches 119.8% and total cumulative return in cash sums $150,913. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,842/mo property income instead of your personal income.
Single Family
Built in 2025
0.26 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: Silvana Camner • MIAMI AND ORLANDO LAT BROKER LLC
Mls Name: Stellar MLS
Mls ID: #O6365380