3373 S Royal Oaks Dr #1InvernessFL34452
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 3373 S Royal Oaks Dr #1, Inverness, FL, 34452 in Inverness achieves a 1.71 ratio at $127,000: $977/mo rent versus $571/mo debt service. Rental yield 9.23%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.23% yield compounds alongside 5% annual appreciation projecting $35,088 in value. Total projected cumulative return: $37,971.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 7.0% |
| Monthly Cash Flow | $(184) | $250 |
City averages based on Inverness market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $977 |
| Total Monthly Debt Service | $1,111 |
| DSCR Ratio | 0.88x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1974
6,534 sqft lot
$N/A/sqft
$314 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34452, Inverness, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,354 (100%) |
| Owner Occupied HU | 4,720 (74.3%) |
| Renter Occupied HU | 1,061 (16.7%) |
| Vacant Housing Units | 573 ( 9.0%) |
| Median Home Value | $249,839 |
| Average Home Value | $358,011 |
Housing Distribution
Address Breakdown
Residential
5,870
Single Family
5,839
Multi-Family
31
Businesses
143
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
Condo
Built in 1974
6,534 sqft lot
$N/A/sqft
$314 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34452, Inverness, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,354 (100%) |
| Owner Occupied HU | 4,720 (74.3%) |
| Renter Occupied HU | 1,061 (16.7%) |
| Vacant Housing Units | 573 ( 9.0%) |
| Median Home Value | $249,839 |
| Average Home Value | $358,011 |
Housing Distribution
Address Breakdown
Residential
5,870
Single Family
5,839
Multi-Family
31
Businesses
143
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dawn Theroux • ERA American Suncoast Realty
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #831925
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.