416 N Hourglass TerCrystal RiverFL34429
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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 Crystal River at 416 N Hourglass Ter, Crystal River, FL, 34429 generates $1,536/mo in rent and, after a $1,062/mo payment, leaves $96/mo in cash flow. Total monthly income is $1,536/mo, and annual cash flow is $1,155/yr on $71,902 invested. Return on cash invested sits at 21.51% in year one, and rental yield is 8.5% on a $216,900 entry. Equity gained on principal adds $1,400/yr, while 5% annual appreciation builds toward $59,925 over five years. Five-year ROI reaches 112.1% and total cumulative return in cash sums $80,602. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,536/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34429, Crystal River, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,687 (100%) |
| Owner Occupied HU | 3,454 (60.7%) |
| Renter Occupied HU | 846 (14.9%) |
| Vacant Housing Units | 1,387 (24.4%) |
| Median Home Value | $308,497 |
| Average Home Value | $360,597 |
Housing Distribution
Address Breakdown
Residential
4,888
Single Family
4,852
Multi-Family
36
Businesses
692
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Listed by: Holland McKnight • REMAX/PREMIER REALTY
Mls Name: Stellar MLS
Mls ID: #OM713542