520 Ideal PlNorth PortFL34287
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 520 Ideal Pl, North Port, FL, 34287 offers $2,329/mo rent that, after a $1,212/mo payment, leaves $673/mo cash flow. Total monthly income is $2,329/mo, and annual cash flow is $8,079/yr on $82,079 cash. Return on cash invested measures 29.75% in year one, and rental yield stands at 11.29% at a $247,600 entry. Equity gained on principal adds $1,598/yr while 5% annual appreciation compounds into $68,407 by year five. Five-year ROI records 156.33% and total cumulative return in cash reaches $128,316. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,329/mo property income versus a $1,212/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1983
3,660 sqft lot
$N/A/sqft
$8 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly McGrath • COLDWELL BANKER SARASOTA CENT.
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4647220
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511