2855 N Rivers Edge Blvd #213Crystal RiverFL34429
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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 Crystal River at 2855 N Rivers Edge Blvd #213, Crystal River, FL, 34429 listed at $434,000 pairs $3,190/mo rent with a $2,124/mo payment to leave $310/mo cash flow. Total monthly income runs $3,190/mo, and annual cash flow reaches $3,721/yr on $143,871 cash to close. Return on cash invested measures 22.5% in year one, and rental yield registers 8.82% at a $434,000 basis. Equity gained on principal adds $2,801/yr, and annual property appreciation at 5% supports $119,906 by year five. Five-year ROI tracks 117.33% and total cumulative return in cash totals $168,802. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,190/mo property income relative to a $2,124/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1997
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34429, Crystal River, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,687 (100%) |
| Owner Occupied HU | 3,454 (60.7%) |
| Renter Occupied HU | 846 (14.9%) |
| Vacant Housing Units | 1,387 (24.4%) |
| Median Home Value | $308,497 |
| Average Home Value | $360,597 |
Housing Distribution
Address Breakdown
Residential
4,888
Single Family
4,852
Multi-Family
36
Businesses
692
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Listed by: Pamela Pareja • Coldwell Banker Next Generation Realty
Mls Name: Realtors Association of Citrus County
Mls ID: #849796