370 Bishopville LoopThe VillagesFL32162
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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 The Villages at 370 Bishopville Loop, The Villages, FL, 32162 priced at $675,000 converts $3,364/mo rent into after a $3,304/mo obligation. Total monthly income equals $3,364/mo. Return on cash invested prints 14.03% in year one, and rental yield reads 5.98% against a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation compiles into $186,490 by year five. Five-year ROI reaches 71.9% and total cumulative return in cash sums $159,663. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,364/mo property income covering a $3,304/mo payment, not borrower’s personal income.
Single Family
Built in 2006
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32162, Lady Lake, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 36,298 (100%) |
| Owner Occupied HU | 29,241 (80.6%) |
| Renter Occupied HU | 2,093 ( 5.8%) |
| Vacant Housing Units | 4,964 (13.7%) |
| Median Home Value | $430,983 |
| Average Home Value | $481,545 |
Housing Distribution
Address Breakdown
Residential
35,031
Single Family
528
Multi-Family
34,503
Businesses
418
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Listed by: Caroline Fromkin • NextHome Sally Love Real Estate
Mls Name: NextHome
Mls ID: #G5100388