284 Royal Palm WaySpring HillFL34608
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.82% yield at 284 Royal Palm Way, Spring Hill, FL, 34608 in Spring Hill is solid, but the $1,344/mo payment compresses net cash flow to $119/mo at $299,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $82,608 by year five, and $2,754/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.64) without U.S. income documentation. Total projected return: $127,788.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.2% |
| Monthly Cash Flow | $119 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,198 |
| Total Monthly Debt Service | $1,865 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2003
6,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34608, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,552 (100%) |
| Owner Occupied HU | 11,227 (72.2%) |
| Renter Occupied HU | 3,143 (20.2%) |
| Vacant Housing Units | 1,182 ( 7.6%) |
| Median Home Value | $312,231 |
| Average Home Value | $334,098 |
Housing Distribution
Address Breakdown
Residential
14,222
Single Family
14,047
Multi-Family
175
Businesses
226
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
Single Family
Built in 2003
6,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34608, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,552 (100%) |
| Owner Occupied HU | 11,227 (72.2%) |
| Renter Occupied HU | 3,143 (20.2%) |
| Vacant Housing Units | 1,182 ( 7.6%) |
| Median Home Value | $312,231 |
| Average Home Value | $334,098 |
Housing Distribution
Address Breakdown
Residential
14,222
Single Family
14,047
Multi-Family
175
Businesses
226
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Stellar MLS
Mls ID: #TB8485238