2828 Manatee RdTavaresFL32778
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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 Tavares at 2828 Manatee Rd, Tavares, FL, 32778 generates $1,295/mo in rent and, after a $832/mo payment, leaves $167/mo in cash flow. Total monthly income is $1,295/mo, and annual cash flow is $2,005/yr on $56,322 invested. Return on cash invested sits at 23.47% in year one, and rental yield is 9.15% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 122.6% and total cumulative return in cash sums $69,050. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,295/mo property income rather than buyer’s personal income.
Manufactured
Built in 1987
6,076 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32778, Tavares, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,282 (100%) |
| Owner Occupied HU | 9,028 (68.0%) |
| Renter Occupied HU | 2,520 (19.0%) |
| Vacant Housing Units | 1,734 (13.1%) |
| Median Home Value | $290,642 |
| Average Home Value | $332,532 |
Housing Distribution
Address Breakdown
Residential
12,348
Single Family
10,449
Multi-Family
1,899
Businesses
945
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