401 Leach StEnglewoodFL34223
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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 Englewood at 401 Leach St, Englewood, FL, 34223 offers a 8.15% rental yield on a $299,900 purchase with $2,038/mo rent. Total monthly income registers $2,038/mo, and a $1,468/mo payment leaves $48/mo available for distribution. Annual cash flow reaches $572/yr on $99,417 to close, and return on cash invested stands at 20.48% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 106.53% and total cumulative return in cash at $105,904. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,038/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
9,702 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34223, Englewood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,549 (100%) |
| Owner Occupied HU | 10,404 (62.9%) |
| Renter Occupied HU | 1,637 ( 9.9%) |
| Vacant Housing Units | 4,508 (27.2%) |
| Median Home Value | $546,059 |
| Average Home Value | $631,986 |
Housing Distribution
Address Breakdown
Residential
13,691
Single Family
11,537
Multi-Family
2,154
Businesses
636
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