3111 Evenmore WayWildwoodFL34785
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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 Wildwood at 3111 Evenmore Way, Wildwood, FL, 34785 offers a 9.48% rental yield on a $334,070 purchase with $2,640/mo rent. Total monthly income registers $2,640/mo, and a $1,635/mo payment leaves $423/mo available for distribution. Annual cash flow reaches $5,078/yr on $110,744 to close, and return on cash invested stands at 24.49% in year one. Equity gained on principal adds $2,156/yr while 5% annual appreciation supports $92,297 over five years. Portfolio math shows five-year ROI at 128.04% and total cumulative return in cash at $141,796. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,640/mo property income against a $1,635/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
4,953 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34785, Wildwood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,722 (100%) |
| Owner Occupied HU | 5,005 (57.4%) |
| Renter Occupied HU | 1,857 (21.3%) |
| Vacant Housing Units | 1,860 (21.3%) |
| Median Home Value | $379,219 |
| Average Home Value | $399,078 |
Housing Distribution
Address Breakdown
Residential
7,160
Single Family
4,727
Multi-Family
2,433
Businesses
755
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