3033 Magellan AveSpring HillFL34608
Nearby investment properties with comparable rents
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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 Spring Hill at 3033 Magellan Ave, Spring Hill, FL, 34608 earns $126/mo cash flow from $2,382/mo rent with a $1,664/mo payment. Total monthly income totals $2,382/mo, and annual cash flow totals $1,510/yr on $112,707 capital. ROI tracks 21.25% on current figures, and rental yield reads 8.41% at a $339,990 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,933 over five years. Five-year ROI reaches 110.6% and total cumulative return in cash sums $124,659. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,382/mo property income instead of your personal income.
Single Family
Built in 2025
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34608, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,552 (100%) |
| Owner Occupied HU | 11,227 (72.2%) |
| Renter Occupied HU | 3,143 (20.2%) |
| Vacant Housing Units | 1,182 ( 7.6%) |
| Median Home Value | $312,231 |
| Average Home Value | $334,098 |
Housing Distribution
Address Breakdown
Residential
14,222
Single Family
14,047
Multi-Family
175
Businesses
226
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Listed by: Nicole Brooks • BRIGHTLAND HOMES BROKERAGE, LL
Mls Name: Stellar MLS
Mls ID: #TB8417678