2921 Wekiva RdTavaresFL32778
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 Tavares at 2921 Wekiva Rd, Tavares, FL, 32778 offers a 11.88% rental yield on a $189,500 purchase with $1,876/mo rent. Total monthly income registers $1,876/mo, and a $928/mo payment leaves $618/mo available for distribution. Annual cash flow reaches $7,415/yr on $62,819 to close, and return on cash invested stands at 31.71% in year one. Equity gained on principal adds $1,223/yr while 5% annual appreciation supports $52,355 over five years. Portfolio math shows five-year ROI at 166.74% and total cumulative return in cash at $104,747. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,876/mo property income against a $928/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1990
6,834 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32778, Tavares, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,282 (100%) |
| Owner Occupied HU | 9,028 (68.0%) |
| Renter Occupied HU | 2,520 (19.0%) |
| Vacant Housing Units | 1,734 (13.1%) |
| Median Home Value | $290,642 |
| Average Home Value | $332,532 |
Housing Distribution
Address Breakdown
Residential
12,348
Single Family
10,449
Multi-Family
1,899
Businesses
945
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices