3161 Lighthouse WaySpring HillFL34607
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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 Spring Hill at 3161 Lighthouse Way, Spring Hill, FL, 34607 offers $1,211/mo rent that, after a $702/mo payment, leaves $259/mo cash flow. Total monthly income is $1,211/mo, and annual cash flow is $3,109/yr on $47,570 cash. Return on cash invested measures 26.44% in year one, and rental yield stands at 10.13% at a $143,500 entry. Equity gained on principal adds $926/yr while 5% annual appreciation compounds into $39,646 by year five. Five-year ROI records 138.58% and total cumulative return in cash reaches $65,921. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,211/mo property income versus a $702/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34607, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,478 (100%) |
| Owner Occupied HU | 3,535 (64.5%) |
| Renter Occupied HU | 666 (12.2%) |
| Vacant Housing Units | 1,277 (23.3%) |
| Median Home Value | $460,157 |
| Average Home Value | $483,981 |
Housing Distribution
Address Breakdown
Residential
4,390
Single Family
3,304
Multi-Family
1,086
Businesses
149
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Listed by: Darrin Mercer • Sun Realty of Florida
Mls Name: My State MLS
Mls ID: #11356898