307 NE 4th AveCrystal RiverFL34429
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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 Crystal River at 307 NE 4th Ave, Crystal River, FL, 34429 earns $216/mo cash flow from $1,510/mo rent with a $954/mo payment. Total monthly income totals $1,510/mo, and annual cash flow totals $2,596/yr on $64,643 capital. ROI tracks 23.93% on current figures, and rental yield reads 9.29% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 125.02% and total cumulative return in cash sums $80,818. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,510/mo property income instead of your personal income.
Single Family
Built in 1951
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34429, Crystal River, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,687 (100%) |
| Owner Occupied HU | 3,454 (60.7%) |
| Renter Occupied HU | 846 (14.9%) |
| Vacant Housing Units | 1,387 (24.4%) |
| Median Home Value | $308,497 |
| Average Home Value | $360,597 |
Housing Distribution
Address Breakdown
Residential
4,888
Single Family
4,852
Multi-Family
36
Businesses
692
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Listed by: Douglas Shumate • Tropic Shores Realty
Mls Name: Realtors Association of Citrus County
Mls ID: #849589