2902 W Redgate DrCitrus SpringsFL34433
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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 Citrus Springs at 2902 W Redgate Dr, Citrus Springs, FL, 34433 earns $230/mo cash flow from $2,035/mo rent with a $1,331/mo payment. Total monthly income totals $2,035/mo, and annual cash flow totals $2,765/yr on $90,135 capital. ROI tracks 22.98% on current figures, and rental yield reads 8.98% at a $271,900 purchase. Equity gained on principal adds $1,755/yr, and 5% annual appreciation supports $75,121 over five years. Five-year ROI reaches 119.9% and total cumulative return in cash sums $108,070. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,035/mo property income instead of your personal income.
Single Family
Built in 2024
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34433, Dunnellon, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,385 (100%) |
| Owner Occupied HU | 3,508 (80.0%) |
| Renter Occupied HU | 366 ( 8.3%) |
| Vacant Housing Units | 511 (11.7%) |
| Median Home Value | $313,016 |
| Average Home Value | $338,342 |
Housing Distribution
Address Breakdown
Residential
4,193
Single Family
4,193
Multi-Family
0
Businesses
55
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Listed by: Jorge Sousa • PLATINUM HOMES AND LAND REALTY
Mls Name: My State MLS
Mls ID: #11385260