405 S Shore DrEagle LakeFL33839
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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 Eagle Lake at 405 S Shore Dr, Eagle Lake, FL, 33839 uses $53,703 cash to close to unlock $12,166/yr annual cash flow and $1,014/mo monthly cash flow. Total monthly income runs $2,089/mo, and a $793/mo payment keeps the spread at $1,014/mo. Purchase price stands at $162,000, and rental yield measures 15.47% with $2,089/mo rent. Return on cash invested shows 42.56% in year one, and 5% annual appreciation builds toward $44,758 over five years. Five-year ROI reaches 224.91% and total cumulative return in cash records $120,785. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,089/mo property income covering a $793/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33839, Eagle Lake, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,059 (100%) |
| Owner Occupied HU | 1,549 (75.2%) |
| Renter Occupied HU | 397 (19.3%) |
| Vacant Housing Units | 113 ( 5.5%) |
| Median Home Value | $330,831 |
| Average Home Value | $386,186 |
Housing Distribution
Address Breakdown
Residential
1,866
Single Family
1,866
Multi-Family
0
Businesses
242
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Listed by: Dolores Vogel • LEGACY REAL ESTATE CENTER INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #K4902952
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511