2946 SE 21st AveSumtervilleFL33585
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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 Sumterville at 2946 SE 21st Ave, Sumterville, FL, 33585 generates $2,384/mo in rent, after a $1,958/mo payment. Total monthly income is $2,384/mo. Return on cash invested sits at 17.46% in year one, and rental yield is 7.15% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 90.31% and total cumulative return in cash sums $119,752. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,384/mo property income rather than buyer’s personal income.
Manufactured
Built in 1990
1.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33585, Sumterville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,003 (100%) |
| Owner Occupied HU | 810 (80.8%) |
| Renter Occupied HU | 94 ( 9.4%) |
| Vacant Housing Units | 99 ( 9.9%) |
| Median Home Value | $356,951 |
| Average Home Value | $390,559 |
Housing Distribution
Address Breakdown
Residential
521
Single Family
521
Multi-Family
0
Businesses
88
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Listed by: Robbie Shoemaker • FLAMINGO REAL ESTATE & MNGMT
Mls Name: Stellar MLS
Mls ID: #G5102520