508 Outer DrEllentonFL34222
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 Ellenton at 508 Outer Dr, Ellenton, FL, 34222 priced at $183,900 pairs $1,395/mo rent with $175/mo cash flow after a $900/mo payment. Total monthly income equals $1,395/mo, and annual cash flow comes to $2,097/yr on $60,963 invested. Return on cash invested is 23.35% in year one, and rental yield stands at 9.1% on a $183,900 basis. Equity gained on principal adds $1,187/yr, and 5% annual appreciation accumulates to $50,808 by year five. Five-year ROI measures 121.89% and total cumulative return in cash reaches $74,309. For financing, Ziffy Mortgage’s DSCR program evaluates $1,395/mo property income against a $900/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34222, Ellenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,350 (100%) |
| Owner Occupied HU | 5,463 (65.4%) |
| Renter Occupied HU | 1,406 (16.8%) |
| Vacant Housing Units | 1,481 (17.7%) |
| Median Home Value | $211,957 |
| Average Home Value | $335,183 |
Housing Distribution
Address Breakdown
Residential
7,889
Single Family
6,742
Multi-Family
1,147
Businesses
587
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