4748 Merlin CirDade CityFL33523
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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 Dade City at 4748 Merlin Cir, Dade City, FL, 33523 priced at $145,000 converts $1,147/mo rent into $184/mo cash flow after a $710/mo obligation. Total monthly income equals $1,147/mo, and annual cash flow totals $2,214/yr on $48,068 invested. Return on cash invested prints 24.51% in year one, and rental yield reads 9.49% against a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation compiles into $40,061 by year five. Five-year ROI reaches 128.19% and total cumulative return in cash sums $61,616. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,147/mo property income covering a $710/mo payment, not borrower’s personal income.
Manufactured
Built in 1989
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33523, Dade City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,973 (100%) |
| Owner Occupied HU | 5,457 (68.4%) |
| Renter Occupied HU | 1,672 (21.0%) |
| Vacant Housing Units | 844 (10.6%) |
| Median Home Value | $345,964 |
| Average Home Value | $378,220 |
Housing Distribution
Address Breakdown
Residential
6,796
Single Family
6,684
Multi-Family
112
Businesses
343
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Listed by: Keegan Siegfried • LPT REALTY, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8385080
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511