3024 Manatee RdTavaresFL32778
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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 Tavares at 3024 Manatee Rd, Tavares, FL, 32778 listed at $264,000 pairs $2,005/mo rent with a $1,292/mo payment to leave $253/mo cash flow. Total monthly income runs $2,005/mo, and annual cash flow reaches $3,038/yr on $87,516 cash to close. Return on cash invested measures 23.38% in year one, and rental yield registers 9.11% at a $264,000 basis. Equity gained on principal adds $1,704/yr, and annual property appreciation at 5% supports $72,938 by year five. Five-year ROI tracks 122.09% and total cumulative return in cash totals $106,849. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,005/mo property income relative to a $1,292/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1997
6,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32778, Tavares, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,282 (100%) |
| Owner Occupied HU | 9,028 (68.0%) |
| Renter Occupied HU | 2,520 (19.0%) |
| Vacant Housing Units | 1,734 (13.1%) |
| Median Home Value | $290,642 |
| Average Home Value | $332,532 |
Housing Distribution
Address Breakdown
Residential
12,348
Single Family
10,449
Multi-Family
1,899
Businesses
945
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