339 Salt Creek DrNorth PortFL34287
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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 North Port at 339 Salt Creek Dr, North Port, FL, 34287 priced at $199,900 pairs $1,642/mo rent with $101/mo cash flow after a $978/mo payment. Total monthly income equals $1,642/mo, and annual cash flow comes to $1,210/yr on $66,267 invested. Return on cash invested is 21.74% in year one, and rental yield stands at 9.86% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 114.63% and total cumulative return in cash reaches $75,961. For financing, Ziffy Mortgage’s DSCR program evaluates $1,642/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2003
4,800 sqft lot
$N/A/sqft
$215 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34287, North Port, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,319 (100%) |
| Owner Occupied HU | 10,209 (66.6%) |
| Renter Occupied HU | 2,513 (16.4%) |
| Vacant Housing Units | 2,597 (17.0%) |
| Median Home Value | $334,638 |
| Average Home Value | $374,079 |
Housing Distribution
Address Breakdown
Residential
14,228
Single Family
13,862
Multi-Family
366
Businesses
459
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Listed by: Kari Myroniuk • MICHAEL SAUNDERS & COMPANY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #N6138440
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511