3364 Oleander DrHernando BeachFL34607
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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 Hernando Beach at 3364 Oleander Dr, Hernando Beach, FL, 34607 generates $4,984/mo in rent and, after a $3,132/mo payment, leaves $738/mo in cash flow. Total monthly income is $4,984/mo, and annual cash flow is $8,850/yr on $210,527 invested. Return on cash invested sits at 24.26% in year one, and rental yield is 9.35% on a $639,900 entry. Equity gained on principal adds $4,129/yr, while 5% annual appreciation builds toward $176,793 over five years. Five-year ROI reaches 126.76% and total cumulative return in cash sums $266,855. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,984/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
0.34 Acres 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: Christina Garcia • SELECT PROPERTIES INC
Mls Name: Stellar MLS
Mls ID: #TB8430820