2880 County Road 426aLake PanasoffkeeFL33538
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 Lake Panasoffkee at 2880 County Road 426a, Lake Panasoffkee, FL, 33538 uses $46,079 cash to close to unlock $2,159/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $1,102/mo, and a $680/mo payment keeps the spread at $180/mo. Purchase price stands at $139,000, and rental yield measures 9.51% with $1,102/mo rent. Return on cash invested shows 24.59% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 128.56% and total cumulative return in cash records $59,240. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,102/mo property income covering a $680/mo payment rather than investor’s personal income.
Manufactured
Built in 2005
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33538, Lake Panasoffkee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,984 (100%) |
| Owner Occupied HU | 1,740 (58.3%) |
| Renter Occupied HU | 554 (18.6%) |
| Vacant Housing Units | 690 (23.1%) |
| Median Home Value | $163,971 |
| Average Home Value | $220,272 |
Housing Distribution
Address Breakdown
Residential
2,271
Single Family
2,271
Multi-Family
0
Businesses
110
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angel Rivera Diaz • GLOBALWIDE REALTY LLC
Mls Name: Stellar MLS
Mls ID: #OM716402