413 Lake Point Ct #4-BSun City CenterFL33573
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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 Sun City Center at 413 Lake Point Ct #4-B, Sun City Center, FL, 33573 uses $40,112 cash to close to unlock $1,683/yr annual cash flow and $140/mo monthly cash flow. Total monthly income runs $943/mo, and a $592/mo payment keeps the spread at $140/mo. Purchase price stands at $121,000, and rental yield measures 9.35% with $943/mo rent. Return on cash invested shows 24.11% in year one, and 5% annual appreciation builds toward $33,430 over five years. Five-year ROI reaches 126.03% and total cumulative return in cash records $50,553. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $943/mo property income covering a $592/mo payment rather than investor’s personal income.
Condo
Built in 1983
1,236 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33573, Sun City Center, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,732 (100%) |
| Owner Occupied HU | 14,125 (71.6%) |
| Renter Occupied HU | 3,322 (16.8%) |
| Vacant Housing Units | 2,285 (11.6%) |
| Median Home Value | $359,854 |
| Average Home Value | $400,076 |
Housing Distribution
Address Breakdown
Residential
19,129
Single Family
16,660
Multi-Family
2,469
Businesses
322
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Listed by: Amber Dahlberg • CENTURY 21 BEGGINS ENTERPRISES
Mls Name: Stellar MLS
Mls ID: #TB8466147