4554 Essex LnSpring HillFL34606
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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 Spring Hill at 4554 Essex Ln, Spring Hill, FL, 34606 uses $75,251 cash to close to unlock $2,432/yr annual cash flow and $203/mo monthly cash flow. Total monthly income runs $1,709/mo, and a $1,111/mo payment keeps the spread at $203/mo. Purchase price stands at $227,000, and rental yield measures 9.03% with $1,709/mo rent. Return on cash invested shows 23.14% in year one, and 5% annual appreciation builds toward $62,716 over five years. Five-year ROI reaches 120.78% and total cumulative return in cash records $90,889. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,709/mo property income covering a $1,111/mo payment rather than investor’s personal income.
Single Family
Built in 1973
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34606, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,337 (100%) |
| Owner Occupied HU | 10,033 (70.0%) |
| Renter Occupied HU | 2,922 (20.4%) |
| Vacant Housing Units | 1,382 ( 9.6%) |
| Median Home Value | $275,582 |
| Average Home Value | $306,361 |
Housing Distribution
Address Breakdown
Residential
13,490
Single Family
13,457
Multi-Family
33
Businesses
836
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Listed by: Laura Norcross • Meridian Real Estate
Mls Name: HCMLS
Mls ID: #2256604