284 Quane AveSpring HillFL34609
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 Spring Hill at 284 Quane Ave, Spring Hill, FL, 34609 offers $2,460/mo rent that, after a $1,484/mo payment, leaves $19/mo cash flow. Total monthly income is $2,460/mo, and annual cash flow is $226/yr on $100,527 cash. Return on cash invested measures 20.13% in year one, and rental yield stands at 9.73% at a $303,250 entry. Equity gained on principal adds $1,957/yr while 5% annual appreciation compounds into $83,782 by year five. Five-year ROI records 106.48% and total cumulative return in cash reaches $107,040. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,460/mo property income versus a $1,484/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
5,662 sqft lot
$N/A/sqft
$429 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34609, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,358 (100%) |
| Owner Occupied HU | 16,098 (79.1%) |
| Renter Occupied HU | 3,096 (15.2%) |
| Vacant Housing Units | 1,164 ( 5.7%) |
| Median Home Value | $346,231 |
| Average Home Value | $372,548 |
Housing Distribution
Address Breakdown
Residential
18,800
Single Family
18,316
Multi-Family
484
Businesses
658
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steven Jessings • REMAX Marketing Specialists
Mls Name: HCMLS
Mls Provider:
Mls ID: #2253474
Disclaimer: This information is provided exclusively for consumers personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.