3608 Water StEllentonFL34222
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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 Ellenton at 3608 Water St, Ellenton, FL, 34222 at $225,000 posts ROI 24.29% with $272/mo cash flow from $1,794/mo rent. Total monthly income equals $1,794/mo, and annual cash flow records $3,267/yr on $74,588 to close. Return on cash invested measures 24.29% and rental yield reads 9.57% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 127.14% and total cumulative return in cash totals $94,833.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,794/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1945
6,120 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34222, Ellenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,350 (100%) |
| Owner Occupied HU | 5,463 (65.4%) |
| Renter Occupied HU | 1,406 (16.8%) |
| Vacant Housing Units | 1,481 (17.7%) |
| Median Home Value | $211,957 |
| Average Home Value | $335,183 |
Housing Distribution
Address Breakdown
Residential
7,889
Single Family
6,742
Multi-Family
1,147
Businesses
587
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Listed by: Irina McKay • MCKAY MANAGEMENT & REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4651090
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