406 NE 9th StCrystal RiverFL34428
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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 Crystal River at 406 NE 9th St, Crystal River, FL, 34428 uses $65,969 cash to close to unlock $4,553/yr annual cash flow and $379/mo monthly cash flow. Total monthly income runs $1,700/mo, and a $974/mo payment keeps the spread at $379/mo. Purchase price stands at $199,000, and rental yield measures 10.25% with $1,700/mo rent. Return on cash invested shows 26.81% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 140.48% and total cumulative return in cash records $92,670. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,700/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1965
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34428, Crystal River, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,401 (100%) |
| Owner Occupied HU | 3,519 (65.2%) |
| Renter Occupied HU | 1,044 (19.3%) |
| Vacant Housing Units | 838 (15.5%) |
| Median Home Value | $326,153 |
| Average Home Value | $350,676 |
Housing Distribution
Address Breakdown
Residential
5,072
Single Family
4,921
Multi-Family
151
Businesses
268
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Listed by: Dayna Grantham • Alexander Real Estate, Inc.
Mls Name: Realtors Association of Citrus County
Mls ID: #847294