3089 N Barton Creek CirLecantoFL34461
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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 Lecanto at 3089 N Barton Creek Cir, Lecanto, FL, 34461 offers $2,952/mo rent that, after a $1,689/mo payment, leaves $402/mo cash flow. Total monthly income is $2,952/mo, and annual cash flow is $4,827/yr on $114,368 cash. Return on cash invested measures 24.13% in year one, and rental yield stands at 10.27% at a $345,000 entry. Equity gained on principal adds $2,226/yr while 5% annual appreciation compounds into $95,317 by year five. Five-year ROI records 127.07% and total cumulative return in cash reaches $145,324. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,952/mo property income versus a $1,689/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
10,018 sqft lot
$N/A/sqft
$640 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34461, Lecanto, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,511 (100%) |
| Owner Occupied HU | 4,308 (78.2%) |
| Renter Occupied HU | 663 (12.0%) |
| Vacant Housing Units | 540 ( 9.8%) |
| Median Home Value | $333,631 |
| Average Home Value | $379,618 |
Housing Distribution
Address Breakdown
Residential
5,214
Single Family
4,830
Multi-Family
384
Businesses
380
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Listed by: David Ivory • RE/MAX Realty One
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #839727
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.