4948 Cromey RdNorth PortFL34288
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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 North Port at 4948 Cromey Rd, North Port, FL, 34288 listed at $139,900 pairs $1,104/mo rent with a $685/mo payment to leave $175/mo cash flow. Total monthly income runs $1,104/mo, and annual cash flow reaches $2,104/yr on $46,377 cash to close. Return on cash invested measures 24.45% in year one, and rental yield registers 9.47% at a $139,900 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,652 by year five. Five-year ROI tracks 127.85% and total cumulative return in cash totals $59,295. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,104/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
0.26 Acres 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: Joseph Ciarla • ANYTIME REALTY LLC
Mls Name: Stellar MLS
Mls ID: #C7518664