3847 W Klett PathLecantoFL34461
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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 Lecanto at 3847 W Klett Path, Lecanto, FL, 34461 uses $56,355 cash to close to unlock $2,207/yr annual cash flow and $184/mo monthly cash flow. Total monthly income runs $1,312/mo, and a $832/mo payment keeps the spread at $184/mo. Purchase price stands at $170,000, and rental yield measures 9.26% with $1,312/mo rent. Return on cash invested shows 23.83% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 124.43% and total cumulative return in cash records $70,125. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,312/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 2009
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34461, Lecanto, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,511 (100%) |
| Owner Occupied HU | 4,308 (78.2%) |
| Renter Occupied HU | 663 (12.0%) |
| Vacant Housing Units | 540 ( 9.8%) |
| Median Home Value | $333,631 |
| Average Home Value | $379,618 |
Housing Distribution
Address Breakdown
Residential
5,214
Single Family
4,830
Multi-Family
384
Businesses
380
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Listed by: Joseph Alexander • Alexander Real Estate, Inc.
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #845819
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.