3516 Schooner DrParrishFL34219
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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 Parrish at 3516 Schooner Dr, Parrish, FL, 34219 with 5% annual appreciation on a $179,000 basis while $1,419/mo rent supports operations. Total monthly income totals $1,419/mo and a $876/mo payment preserves $231/mo for cash returns. Annual cash flow comes to $2,775/yr on $59,339 deployed, and return on cash invested reaches 24.59% in year one. Equity gained on principal adds $1,155/yr, and five-year appreciation sums $49,454 alongside rental yield of 9.51%. Five-year ROI measures 128.56% and total cumulative return in cash totals $76,287.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,419/mo property income versus a $876/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34219, Parrish, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,007 (100%) |
| Owner Occupied HU | 16,304 (85.8%) |
| Renter Occupied HU | 1,140 ( 6.0%) |
| Vacant Housing Units | 1,563 ( 8.2%) |
| Median Home Value | $486,744 |
| Average Home Value | $530,938 |
Housing Distribution
Address Breakdown
Residential
16,870
Single Family
15,895
Multi-Family
975
Businesses
418
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