49 Douglas St APT 22HomosassaFL34446
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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 Homosassa at 49 Douglas St APT 22, Homosassa, FL, 34446 priced at $177,500 converts $1,362/mo rent into after a $869/mo obligation. Total monthly income equals $1,362/mo. Return on cash invested prints 17.33% in year one, and rental yield reads 9.21% against a $177,500 entry. Equity gained on principal adds $1,145/yr, while 5% annual appreciation compiles into $49,040 by year five. Five-year ROI reaches 91.94% and total cumulative return in cash sums $54,096. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,362/mo property income covering a $869/mo payment, not borrower’s personal income.
Condo
Built in 1984
871.20 sqft lot
$N/A/sqft
$3,724 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34446, Homosassa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,966 (100%) |
| Owner Occupied HU | 8,725 (79.6%) |
| Renter Occupied HU | 1,061 ( 9.7%) |
| Vacant Housing Units | 1,180 (10.8%) |
| Median Home Value | $293,440 |
| Average Home Value | $310,549 |
Housing Distribution
Address Breakdown
Residential
10,055
Single Family
8,102
Multi-Family
1,953
Businesses
299
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Listed by: Carol Case • Coldwell Banker Next Generation Realty
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #840912
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.