4403 7th St E APT 3EllentonFL34222
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ellenton at 4403 7th St E APT 3, Ellenton, FL, 34222 generates $2,405/mo in rent and, after a $1,223/mo payment, leaves $747/mo in cash flow. Total monthly income is $2,405/mo, and annual cash flow is $8,961/yr on $82,842 invested. Return on cash invested sits at 30.73% in year one, and rental yield is 11.55% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 161.43% and total cumulative return in cash sums $133,730. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,405/mo property income rather than buyer’s personal income.
Condo
Built in 1981
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34222, Ellenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,350 (100%) |
| Owner Occupied HU | 5,463 (65.4%) |
| Renter Occupied HU | 1,406 (16.8%) |
| Vacant Housing Units | 1,481 (17.7%) |
| Median Home Value | $211,957 |
| Average Home Value | $335,183 |
Housing Distribution
Address Breakdown
Residential
7,889
Single Family
6,742
Multi-Family
1,147
Businesses
587
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices