2949 Suncoast Plains DrOdessaFL33556
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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 Odessa at 2949 Suncoast Plains Dr, Odessa, FL, 33556 priced at $339,000 converts $2,708/mo rent into $60/mo cash flow after a $1,659/mo obligation. Total monthly income equals $2,708/mo, and annual cash flow totals $714/yr on $112,379 invested. Return on cash invested prints 20.54% in year one, and rental yield reads 9.59% against a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,659 by year five. Five-year ROI reaches 108.39% and total cumulative return in cash sums $121,804. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,708/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Townhouse
Built in 2022
1,890 sqft lot
$N/A/sqft
$101 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33556, Odessa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,814 (100%) |
| Owner Occupied HU | 11,715 (79.1%) |
| Renter Occupied HU | 1,911 (12.9%) |
| Vacant Housing Units | 1,188 ( 8.0%) |
| Median Home Value | $616,653 |
| Average Home Value | $692,848 |
Housing Distribution
Address Breakdown
Residential
14,720
Single Family
12,906
Multi-Family
1,814
Businesses
854
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Listed by: Jorge Ortiz • CHARLES RUTENBERG REALTY INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8367166
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511