4724 N Forest Lake DrHernandoFL34442
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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 Hernando at 4724 N Forest Lake Dr, Hernando, FL, 34442 earns $824/mo cash flow from $1,720/mo rent with a $661/mo payment. Total monthly income totals $1,720/mo, and annual cash flow totals $9,886/yr on $44,753 capital. ROI tracks 42% on current figures, and rental yield reads 15.29% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 221.92% and total cumulative return in cash sums $99,313. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,720/mo property income instead of your personal income.
Manufactured
Built in 2022
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34442, Hernando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,437 (100%) |
| Owner Occupied HU | 7,741 (74.2%) |
| Renter Occupied HU | 1,132 (10.8%) |
| Vacant Housing Units | 1,564 (15.0%) |
| Median Home Value | $374,320 |
| Average Home Value | $401,900 |
Housing Distribution
Address Breakdown
Residential
9,683
Single Family
9,167
Multi-Family
516
Businesses
304
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Listed by: Mario Gonzalez • Homan Realty Group Inc
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #845320
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.