3709 Obsidian DrSpring HillFL34609
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Spring Hill at 3709 Obsidian Dr, Spring Hill, FL, 34609 uses $128,857 cash to close to unlock $6,912/yr annual cash flow and $576/mo monthly cash flow. Total monthly income runs $3,156/mo, and a $1,903/mo payment keeps the spread at $576/mo. Purchase price stands at $388,710, and rental yield measures 9.74% with $3,156/mo rent. Return on cash invested shows 25.27% in year one, and 5% annual appreciation builds toward $107,393 over five years. Five-year ROI reaches 132.18% and total cumulative return in cash records $170,327. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,156/mo property income covering a $1,903/mo payment rather than investor’s personal income.
Single Family
Built in 2025
6,098 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scott Himelhoch • Pulte Realty of West Florida LLC
Mls Name: HCMLS
Mls ID: #2257145