41155 Parks RdMyakka CityFL34251
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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
Rental property for sale in Myakka City at 41155 Parks Rd, Myakka City, FL, 34251 generates $3,840/mo in rent and, after a $2,192/mo payment, leaves $868/mo in cash flow. Total monthly income is $3,840/mo, and annual cash flow is $10,415/yr on $148,479 invested. Return on cash invested sits at 26.92% in year one, and rental yield is 10.29% on a $447,900 entry. Equity gained on principal adds $2,890/yr, while 5% annual appreciation builds toward $123,747 over five years. Five-year ROI reaches 141.03% and total cumulative return in cash sums $209,394. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,840/mo property income rather than buyer’s personal income.
Manufactured
Built in 1997
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34251, Myakka City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,669 (100%) |
| Owner Occupied HU | 2,284 (85.6%) |
| Renter Occupied HU | 240 ( 9.0%) |
| Vacant Housing Units | 145 ( 5.4%) |
| Median Home Value | $596,483 |
| Average Home Value | $657,437 |
Housing Distribution
Address Breakdown
Residential
2,515
Single Family
2,509
Multi-Family
6
Businesses
117
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Listed by: Wendy Puffenburger • LESLIE WELLS REALTY, INC.
Mls Name: Stellar MLS
Mls ID: #A4675269