366 Barrington CtSpring HillFL34609
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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
Rental property for sale in Spring Hill at 366 Barrington Ct, Spring Hill, FL, 34609 priced at $269,500 converts $1,908/mo rent into after a $1,319/mo obligation. Total monthly income equals $1,908/mo. Return on cash invested prints 15.75% in year one, and rental yield reads 8.5% against a $269,500 entry. Equity gained on principal adds $1,739/yr, while 5% annual appreciation compiles into $74,458 by year five. Five-year ROI reaches 83.24% and total cumulative return in cash sums $74,364. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,908/mo property income covering a $1,319/mo payment, not borrower’s personal income.
Single Family
Built in 2006
7,164 sqft lot
$N/A/sqft
$429 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34609, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,358 (100%) |
| Owner Occupied HU | 16,098 (79.1%) |
| Renter Occupied HU | 3,096 (15.2%) |
| Vacant Housing Units | 1,164 ( 5.7%) |
| Median Home Value | $346,231 |
| Average Home Value | $372,548 |
Housing Distribution
Address Breakdown
Residential
18,800
Single Family
18,316
Multi-Family
484
Businesses
658
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Listed by: Denise Sabatino, PA • TROPIC SHORES REALTY LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #W7877855
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