5088 Merrifield CtSpring HillFL34608
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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
Rental property for sale in Spring Hill at 5088 Merrifield Ct, Spring Hill, FL, 34608 priced at $612,000 converts $2,784/mo rent into after a $2,995/mo obligation. Total monthly income equals $2,784/mo. Return on cash invested prints 12.45% in year one, and rental yield reads 5.46% against a $612,000 entry. Equity gained on principal adds $3,949/yr, while 5% annual appreciation compiles into $169,084 by year five. Five-year ROI reaches 63.42% and total cumulative return in cash sums $127,691. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,784/mo property income covering a $2,995/mo payment, not borrower’s personal income.
Single Family
Built in 1989
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34608, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,552 (100%) |
| Owner Occupied HU | 11,227 (72.2%) |
| Renter Occupied HU | 3,143 (20.2%) |
| Vacant Housing Units | 1,182 ( 7.6%) |
| Median Home Value | $312,231 |
| Average Home Value | $334,098 |
Housing Distribution
Address Breakdown
Residential
14,222
Single Family
14,047
Multi-Family
175
Businesses
226
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