35040 Smoketree LnRidge ManorFL33523
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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 Ridge Manor at 35040 Smoketree Ln, Ridge Manor, FL, 33523 offers a 14.78% rental yield on a $302,990 purchase with $3,732/mo rent. Total monthly income registers $3,732/mo, and a $1,483/mo payment leaves $1,702/mo available for distribution. Annual cash flow reaches $20,427/yr on $100,441 to close, and return on cash invested stands at 40.25% in year one. Equity gained on principal adds $1,955/yr while 5% annual appreciation supports $83,711 over five years. Portfolio math shows five-year ROI at 212.62% and total cumulative return in cash at $213,555. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,732/mo property income against a $1,483/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
9,378 sqft lot
$N/A/sqft
$229 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33523, Dade City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,973 (100%) |
| Owner Occupied HU | 5,457 (68.4%) |
| Renter Occupied HU | 1,672 (21.0%) |
| Vacant Housing Units | 844 (10.6%) |
| Median Home Value | $345,964 |
| Average Home Value | $378,220 |
Housing Distribution
Address Breakdown
Residential
6,796
Single Family
6,684
Multi-Family
112
Businesses
343
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Listed by: Jamie Chung Whitfield • WJH Brokerage FL LLC
Mls Name: HCMLS
Mls Provider:
Mls ID: #2240455
Disclaimer: This information is provided exclusively for consumers personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.