4850 Cromey RdNorth PortFL34288
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 North Port at 4850 Cromey Rd, North Port, FL, 34288 priced at $280,000 converts $2,225/mo rent into $367/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,225/mo, and annual cash flow totals $4,408/yr on $92,820 invested. Return on cash invested prints 24.66% in year one, and rental yield reads 9.54% against a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation compiles into $77,359 by year five. Five-year ROI reaches 128.92% and total cumulative return in cash sums $119,661. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,225/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 2026
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34288, North Port, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,751 (100%) |
| Owner Occupied HU | 4,901 (72.6%) |
| Renter Occupied HU | 1,279 (18.9%) |
| Vacant Housing Units | 571 ( 8.5%) |
| Median Home Value | $405,293 |
| Average Home Value | $484,339 |
Housing Distribution
Address Breakdown
Residential
7,260
Single Family
6,874
Multi-Family
386
Businesses
89
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Listed by: Trish Lohela • HOLIDAY BUILDERS GULF COAST
Mls Name: Stellar MLS
Mls ID: #C7520487