473 Tournament DrSpring HillFL34608
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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 473 Tournament Dr, Spring Hill, FL, 34608 generates $3,220/mo in rent and, after a $2,007/mo payment, leaves $281/mo in cash flow. Total monthly income is $3,220/mo, and annual cash flow is $3,372/yr on $135,915 invested. Return on cash invested sits at 22.39% in year one, and rental yield is 9.42% on a $410,000 entry. Equity gained on principal adds $2,646/yr, while 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 117.42% and total cumulative return in cash sums $159,587. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,220/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
0.31 Acres lot
$N/A/sqft
$229 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34608, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,552 (100%) |
| Owner Occupied HU | 11,227 (72.2%) |
| Renter Occupied HU | 3,143 (20.2%) |
| Vacant Housing Units | 1,182 ( 7.6%) |
| Median Home Value | $312,231 |
| Average Home Value | $334,098 |
Housing Distribution
Address Breakdown
Residential
14,222
Single Family
14,047
Multi-Family
175
Businesses
226
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Listed by: Marcella Fresco • REMAX Marketing Specialists
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #843653
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.