416 Winthrop DrSpring HillFL34609
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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 Spring Hill at 416 Winthrop Dr, Spring Hill, FL, 34609 priced at $350,000 converts $2,716/mo rent into $393/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,716/mo, and annual cash flow totals $4,721/yr on $116,025 invested. Return on cash invested prints 23.98% in year one, and rental yield reads 9.31% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 125.26% and total cumulative return in cash sums $145,334. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,716/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 2010
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34609, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,358 (100%) |
| Owner Occupied HU | 16,098 (79.1%) |
| Renter Occupied HU | 3,096 (15.2%) |
| Vacant Housing Units | 1,164 ( 5.7%) |
| Median Home Value | $346,231 |
| Average Home Value | $372,548 |
Housing Distribution
Address Breakdown
Residential
18,800
Single Family
18,316
Multi-Family
484
Businesses
658
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Listed by: Joshua Hanoud • EXP Realty LLC
Mls Name: eXp Realty
Mls ID: #2240974