2948 E Blackberry LnHernandoFL34442
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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 Hernando at 2948 E Blackberry Ln, Hernando, FL, 34442 priced at $110,000 pairs $826/mo rent with $92/mo cash flow after a $538/mo payment. Total monthly income equals $826/mo, and annual cash flow comes to $1,100/yr on $36,465 invested. Return on cash invested is 22.93% in year one, and rental yield stands at 9.01% on a $110,000 basis. Equity gained on principal adds $710/yr, and 5% annual appreciation accumulates to $30,391 by year five. Five-year ROI measures 119.72% and total cumulative return in cash reaches $43,656. For financing, Ziffy Mortgage’s DSCR program evaluates $826/mo property income against a $538/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1985
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34442, Hernando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,437 (100%) |
| Owner Occupied HU | 7,741 (74.2%) |
| Renter Occupied HU | 1,132 (10.8%) |
| Vacant Housing Units | 1,564 (15.0%) |
| Median Home Value | $374,320 |
| Average Home Value | $401,900 |
Housing Distribution
Address Breakdown
Residential
9,683
Single Family
9,167
Multi-Family
516
Businesses
304
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Listed by: Malerie Kersey • Century 21 J.W.Morton R.E.
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #839865
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