2967 Johannesberg RdNorth PortFL34288
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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
Investment property for sale in North Port at 2967 Johannesberg Rd, North Port, FL, 34288 offers a 8.52% rental yield on a $430,000 purchase with $3,053/mo rent. Total monthly income registers $3,053/mo, and a $2,105/mo payment leaves $199/mo available for distribution. Annual cash flow reaches $2,389/yr on $142,545 to close, and return on cash invested stands at 21.58% in year one. Equity gained on principal adds $2,775/yr while 5% annual appreciation supports $118,801 over five years. Portfolio math shows five-year ROI at 112.44% and total cumulative return in cash at $160,275. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,053/mo property income against a $2,105/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34288, North Port, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,751 (100%) |
| Owner Occupied HU | 4,901 (72.6%) |
| Renter Occupied HU | 1,279 (18.9%) |
| Vacant Housing Units | 571 ( 8.5%) |
| Median Home Value | $405,293 |
| Average Home Value | $484,339 |
Housing Distribution
Address Breakdown
Residential
7,260
Single Family
6,874
Multi-Family
386
Businesses
89
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Listed by: Jessica Perez • COLDWELL BANKER SUNSTAR REALTY
Mls Name: Stellar MLS
Mls ID: #C7512746