493 MadonnaNorth PortFL34287
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
Investment property for sale in North Port at 493 Madonna, North Port, FL, 34287 earns $578/mo cash flow from $1,696/mo rent with a $825/mo payment. Total monthly income totals $1,696/mo, and annual cash flow totals $6,930/yr on $55,858 capital. ROI tracks 32.32% on current figures, and rental yield reads 12.08% at a $168,500 purchase. Equity gained on principal adds $1,087/yr, and 5% annual appreciation supports $46,553 over five years. Five-year ROI reaches 169.99% and total cumulative return in cash sums $94,950. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,696/mo property income instead of your personal income.
Manufactured
Built in 1986
5,132 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34287, North Port, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,319 (100%) |
| Owner Occupied HU | 10,209 (66.6%) |
| Renter Occupied HU | 2,513 (16.4%) |
| Vacant Housing Units | 2,597 (17.0%) |
| Median Home Value | $334,638 |
| Average Home Value | $374,079 |
Housing Distribution
Address Breakdown
Residential
14,228
Single Family
13,862
Multi-Family
366
Businesses
459
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammie Schroder • LA CASA REAL ESTATE INC.
Mls Name: Stellar MLS
Mls ID: #TB8384190