3124 Dothan AveSpring HillFL34609
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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 3124 Dothan Ave, Spring Hill, FL, 34609 offers a 11.17% rental yield on a $204,900 purchase with $1,908/mo rent. Total monthly income registers $1,908/mo, and a $1,003/mo payment leaves $548/mo available for distribution. Annual cash flow reaches $6,578/yr on $67,924 to close, and return on cash invested stands at 29.59% in year one. Equity gained on principal adds $1,322/yr while 5% annual appreciation supports $56,610 over five years. Portfolio math shows five-year ROI at 155.41% and total cumulative return in cash at $105,562. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,908/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34609, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,358 (100%) |
| Owner Occupied HU | 16,098 (79.1%) |
| Renter Occupied HU | 3,096 (15.2%) |
| Vacant Housing Units | 1,164 ( 5.7%) |
| Median Home Value | $346,231 |
| Average Home Value | $372,548 |
Housing Distribution
Address Breakdown
Residential
18,800
Single Family
18,316
Multi-Family
484
Businesses
658
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Listed by: Scott Fader • JOSEPH WALTER REALTY LLC
Mls Name: Stellar MLS
Mls ID: #A4669522