2933 S Skyline DrInvernessFL34450
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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
Rental property for sale in Inverness at 2933 S Skyline Dr, Inverness, FL, 34450 priced at $365,000 converts $2,742/mo rent into $232/mo cash flow after a $1,786/mo obligation. Total monthly income equals $2,742/mo, and annual cash flow totals $2,781/yr on $120,998 invested. Return on cash invested prints 22.21% in year one, and rental yield reads 9.01% against a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation compiles into $100,843 by year five. Five-year ROI reaches 116.07% and total cumulative return in cash sums $140,443. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,742/mo property income covering a $1,786/mo payment, not borrower’s personal income.
Single Family
Built in 1987
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34450, Inverness, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,538 (100%) |
| Owner Occupied HU | 4,512 (69.0%) |
| Renter Occupied HU | 1,078 (16.5%) |
| Vacant Housing Units | 948 (14.5%) |
| Median Home Value | $246,358 |
| Average Home Value | $277,330 |
Housing Distribution
Address Breakdown
Residential
5,938
Single Family
5,867
Multi-Family
71
Businesses
378
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Listed by: Ruth Squires • EXP Realty LLC
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #842370
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.