517 La Playa CirNorth PortFL34287
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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 North Port at 517 La Playa Cir, North Port, FL, 34287 with 5% annual appreciation on a $149,900 basis while $1,185/mo rent supports operations. Total monthly income totals $1,185/mo and a $734/mo payment preserves $190/mo for cash returns. Annual cash flow comes to $2,279/yr on $49,692 deployed, and return on cash invested reaches 24.5% in year one. Equity gained on principal adds $967/yr, and five-year appreciation sums $41,415 alongside rental yield of 9.49%. Five-year ROI measures 128.01% and total cumulative return in cash totals $63,611.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,185/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1985
7,486 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34287, North Port, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,319 (100%) |
| Owner Occupied HU | 10,209 (66.6%) |
| Renter Occupied HU | 2,513 (16.4%) |
| Vacant Housing Units | 2,597 (17.0%) |
| Median Home Value | $334,638 |
| Average Home Value | $374,079 |
Housing Distribution
Address Breakdown
Residential
14,228
Single Family
13,862
Multi-Family
366
Businesses
459
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Listed by: Tammie Schroder • LA CASA REAL ESTATE INC.
Mls Name: Stellar MLS
Mls ID: #TB8413100