509 N Fresno AveHernandoFL34442
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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 Hernando at 509 N Fresno Ave, Hernando, FL, 34442 with 5% annual appreciation on a $600,000 basis while $4,345/mo rent supports operations. Total monthly income totals $4,345/mo and a $2,937/mo payment preserves $310/mo for cash returns. Annual cash flow comes to $3,718/yr on $197,400 deployed, and return on cash invested reaches 21.94% in year one. Equity gained on principal adds $3,872/yr, and five-year appreciation sums $165,769 alongside rental yield of 8.69%. Five-year ROI measures 114.42% and total cumulative return in cash totals $225,864.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,345/mo property income versus a $2,937/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
1.22 Acres lot
$N/A/sqft
$170 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34442, Hernando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,437 (100%) |
| Owner Occupied HU | 7,741 (74.2%) |
| Renter Occupied HU | 1,132 (10.8%) |
| Vacant Housing Units | 1,564 (15.0%) |
| Median Home Value | $374,320 |
| Average Home Value | $401,900 |
Housing Distribution
Address Breakdown
Residential
9,683
Single Family
9,167
Multi-Family
516
Businesses
304
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Listed by: Kenneth Brant II • Keller Williams Realty - Elite Partners II
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #843497
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.