485 N Elmwood PointCrystal RiverFL34429
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Crystal River at 485 N Elmwood Point, Crystal River, FL, 34429 generates $1,794/mo in rent, after a $1,640/mo payment. Total monthly income is $1,794/mo. Return on cash invested sits at 15.27% in year one, and rental yield is 6.43% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 78.57% and total cumulative return in cash sums $87,248. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,794/mo property income rather than buyer’s personal income.
Multi Family
Built in 1981
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34429, Crystal River, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,687 (100%) |
| Owner Occupied HU | 3,454 (60.7%) |
| Renter Occupied HU | 846 (14.9%) |
| Vacant Housing Units | 1,387 (24.4%) |
| Median Home Value | $308,497 |
| Average Home Value | $360,597 |
Housing Distribution
Address Breakdown
Residential
4,888
Single Family
4,852
Multi-Family
36
Businesses
692
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jade Cazeau • EXIT Riverside Realty
Mls Name: Realtors Association of Citrus County
Mls ID: #847879