5262 Rhapsody AveNorth PortFL34288
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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 North Port at 5262 Rhapsody Ave, North Port, FL, 34288 generates $2,837/mo in rent, after a $2,203/mo payment. Total monthly income is $2,837/mo. Return on cash invested sits at 18.7% in year one, and rental yield is 7.57% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 96.99% and total cumulative return in cash sums $144,678. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,837/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34288, North Port, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,751 (100%) |
| Owner Occupied HU | 4,901 (72.6%) |
| Renter Occupied HU | 1,279 (18.9%) |
| Vacant Housing Units | 571 ( 8.5%) |
| Median Home Value | $405,293 |
| Average Home Value | $484,339 |
Housing Distribution
Address Breakdown
Residential
7,260
Single Family
6,874
Multi-Family
386
Businesses
89
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Listed by: Rachel Woodruff, PA • HOUSE MATCH
Mls Name: Stellar MLS
Mls ID: #A4671538