32 Harness RdPlacidaFL33946
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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 Placida at 32 Harness Rd, Placida, FL, 33946 offers a 12.08% rental yield on a $422,900 purchase with $4,256/mo rent. Total monthly income registers $4,256/mo, and a $2,070/mo payment leaves $1,425/mo available for distribution. Annual cash flow reaches $17,105/yr on $140,191 to close, and return on cash invested stands at 32.11% in year one. Equity gained on principal adds $2,729/yr while 5% annual appreciation supports $116,839 over five years. Portfolio math shows five-year ROI at 168.95% and total cumulative return in cash at $236,849. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,256/mo property income against a $2,070/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
8,250 sqft lot
$N/A/sqft
$24 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33946, Placida, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,805 (100%) |
| Owner Occupied HU | 1,595 (41.9%) |
| Renter Occupied HU | 121 ( 3.2%) |
| Vacant Housing Units | 2,089 (54.9%) |
| Median Home Value | $642,188 |
| Average Home Value | $677,636 |
Housing Distribution
Address Breakdown
Residential
1,594
Single Family
1,243
Multi-Family
351
Businesses
189
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