503 Emery StInvernessFL34450
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 Inverness at 503 Emery St, Inverness, FL, 34450 uses $75,416 cash to close to unlock $4,929/yr annual cash flow and $411/mo monthly cash flow. Total monthly income runs $1,920/mo, and a $1,114/mo payment keeps the spread at $411/mo. Purchase price stands at $227,500, and rental yield measures 10.13% with $1,920/mo rent. Return on cash invested shows 26.45% in year one, and 5% annual appreciation builds toward $62,854 over five years. Five-year ROI reaches 138.48% and total cumulative return in cash records $104,438. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,114/mo payment rather than investor’s personal income.
Single Family
Built in 1951
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34450, Inverness, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,538 (100%) |
| Owner Occupied HU | 4,512 (69.0%) |
| Renter Occupied HU | 1,078 (16.5%) |
| Vacant Housing Units | 948 (14.5%) |
| Median Home Value | $246,358 |
| Average Home Value | $277,330 |
Housing Distribution
Address Breakdown
Residential
5,938
Single Family
5,867
Multi-Family
71
Businesses
378
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices