3419 Red Rock DrLand O LakesFL34639
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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 Land O Lakes at 3419 Red Rock Dr, Land O Lakes, FL, 34639 uses $77,903 cash to close to unlock $13,905/yr annual cash flow and $1,159/mo monthly cash flow. Total monthly income runs $2,718/mo, and a $1,150/mo payment keeps the spread at $1,159/mo. Purchase price stands at $235,000, and rental yield measures 13.88% with $2,718/mo rent. Return on cash invested shows 37.76% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 199.15% and total cumulative return in cash records $155,140. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,718/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Townhouse
Built in 2004
2,197 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34639, Land O Lakes, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,947 (100%) |
| Owner Occupied HU | 8,151 (74.5%) |
| Renter Occupied HU | 2,346 (21.4%) |
| Vacant Housing Units | 450 ( 4.1%) |
| Median Home Value | $434,237 |
| Average Home Value | $477,200 |
Housing Distribution
Address Breakdown
Residential
10,979
Single Family
9,323
Multi-Family
1,656
Businesses
795
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Listed by: Jessica Wolff • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls ID: #TB8445168