3301 Elkridge DrHolidayFL34691
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Holiday at 3301 Elkridge Dr, Holiday, FL, 34691 priced at $282,000 converts $2,365/mo rent into $494/mo cash flow after a $1,380/mo obligation. Total monthly income equals $2,365/mo, and annual cash flow totals $5,926/yr on $93,483 invested. Return on cash invested prints 26.25% in year one, and rental yield reads 10.06% against a $282,000 entry. Equity gained on principal adds $1,820/yr, while 5% annual appreciation compiles into $77,911 by year five. Five-year ROI reaches 137.42% and total cumulative return in cash sums $128,461. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,365/mo property income covering a $1,380/mo payment, not borrower’s personal income.
Single Family
Built in 1976
5,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34691, Holiday, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,304 (100%) |
| Owner Occupied HU | 7,036 (57.2%) |
| Renter Occupied HU | 3,478 (28.3%) |
| Vacant Housing Units | 1,790 (14.5%) |
| Median Home Value | $266,310 |
| Average Home Value | $302,165 |
Housing Distribution
Address Breakdown
Residential
11,411
Single Family
10,730
Multi-Family
681
Businesses
356
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices