3196 Bartlett StSpring HillFL34606
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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 3196 Bartlett St, Spring Hill, FL, 34606 offers a 8.24% rental yield on a $233,900 purchase with $1,606/mo rent. Total monthly income registers $1,606/mo, and a $1,145/mo payment leaves $54/mo available for distribution. Annual cash flow reaches $643/yr on $77,538 to close, and return on cash invested stands at 20.74% in year one. Equity gained on principal adds $1,509/yr while 5% annual appreciation supports $64,622 over five years. Portfolio math shows five-year ROI at 107.89% and total cumulative return in cash at $83,659. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,606/mo property income against a $1,145/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2000
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34606, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,337 (100%) |
| Owner Occupied HU | 10,033 (70.0%) |
| Renter Occupied HU | 2,922 (20.4%) |
| Vacant Housing Units | 1,382 ( 9.6%) |
| Median Home Value | $275,582 |
| Average Home Value | $306,361 |
Housing Distribution
Address Breakdown
Residential
13,490
Single Family
13,457
Multi-Family
33
Businesses
836
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Listed by: Sandy Budd • LIPPLY REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #TB8377668