402 TequilaNorth PortFL34287
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
Rental property for sale in North Port at 402 Tequila, North Port, FL, 34287 priced at $179,900 pairs $1,775/mo rent with $581/mo cash flow after a $881/mo payment. Total monthly income equals $1,775/mo, and annual cash flow comes to $6,968/yr on $59,637 invested. Return on cash invested is 31.59% in year one, and rental yield stands at 11.84% on a $179,900 basis. Equity gained on principal adds $1,161/yr, and 5% annual appreciation accumulates to $49,703 by year five. Five-year ROI measures 166.1% and total cumulative return in cash reaches $99,057. For financing, Ziffy Mortgage’s DSCR program evaluates $1,775/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1980
5,821 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34287, North Port, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,319 (100%) |
| Owner Occupied HU | 10,209 (66.6%) |
| Renter Occupied HU | 2,513 (16.4%) |
| Vacant Housing Units | 2,597 (17.0%) |
| Median Home Value | $334,638 |
| Average Home Value | $374,079 |
Housing Distribution
Address Breakdown
Residential
14,228
Single Family
13,862
Multi-Family
366
Businesses
459
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammie Schroder • LA CASA REAL ESTATE INC.
Mls Name: Stellar MLS
Mls ID: #TB8455039