2860 Arugula DrNorth PortFL34289
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
Investment property for sale in North Port at 2860 Arugula Dr, North Port, FL, 34289 offers a 11.1% rental yield on a $294,900 purchase with $2,729/mo rent. Total monthly income registers $2,729/mo, and a $1,443/mo payment leaves $772/mo available for distribution. Annual cash flow reaches $9,269/yr on $97,759 to close, and return on cash invested stands at 29.39% in year one. Equity gained on principal adds $1,903/yr while 5% annual appreciation supports $81,475 over five years. Portfolio math shows five-year ROI at 154.3% and total cumulative return in cash at $150,847. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,729/mo property income against a $1,443/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
3,870 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34289, North Port, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,250 (100%) |
| Owner Occupied HU | 1,612 (71.6%) |
| Renter Occupied HU | 376 (16.7%) |
| Vacant Housing Units | 262 (11.6%) |
| Median Home Value | $412,834 |
| Average Home Value | $402,249 |
Housing Distribution
Address Breakdown
Residential
2,044
Single Family
1,644
Multi-Family
400
Businesses
186
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Listed by: Eric Eisenfeld • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls ID: #D6144792