4450 E Windmill Dr APT 101InvernessFL34453
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 Inverness at 4450 E Windmill Dr APT 101, Inverness, FL, 34453 generates $1,573/mo in rent and, after a $881/mo payment, leaves $29/mo in cash flow. Total monthly income is $1,573/mo, and annual cash flow is $344/yr on $59,637 invested. Return on cash invested sits at 20.49% in year one, and rental yield is 10.49% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 109.1% and total cumulative return in cash sums $65,061. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,573/mo property income rather than buyer’s personal income.
Condo
Built in 2005
1,306 sqft lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34453, Inverness, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,867 (100%) |
| Owner Occupied HU | 4,088 (69.7%) |
| Renter Occupied HU | 1,043 (17.8%) |
| Vacant Housing Units | 736 (12.5%) |
| Median Home Value | $208,612 |
| Average Home Value | $259,683 |
Housing Distribution
Address Breakdown
Residential
5,783
Single Family
5,655
Multi-Family
128
Businesses
368
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tomika Spires-Hanssen • Keller Williams Realty - Elite Partners II
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #841069
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.