5034 Hightower 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 5034 Hightower Rd, North Port, FL, 34288 priced at $331,600 pairs $2,416/mo rent with $209/mo cash flow after a $1,623/mo payment. Total monthly income equals $2,416/mo, and annual cash flow comes to $2,509/yr on $109,925 invested. Return on cash invested is 22.19% in year one, and rental yield stands at 8.74% on a $331,600 basis. Equity gained on principal adds $2,140/yr, and 5% annual appreciation accumulates to $91,615 by year five. Five-year ROI measures 115.73% and total cumulative return in cash reaches $127,221. For financing, Ziffy Mortgage’s DSCR program evaluates $2,416/mo property income against a $1,623/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
N/A 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: N/A • N/A
Mls Name: NextHome
Mls Provider:
Mls ID: #N6128708