4808 E Fordham PlHernandoFL34442
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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 4808 E Fordham Pl, Hernando, FL, 34442 earns $98/mo cash flow from $761/mo rent with a $489/mo payment. Total monthly income totals $761/mo, and annual cash flow totals $1,174/yr on $33,150 capital. ROI tracks 23.45% on current figures, and rental yield reads 9.13% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 122.44% and total cumulative return in cash sums $40,588. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $761/mo property income instead of your personal income.
Single Family
Built in 1980
0.36 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: Steven Koleno • Beycome Of Florida LLC
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #847430
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.