5519 S Plantain PointLecantoFL34461
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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 Lecanto at 5519 S Plantain Point, Lecanto, FL, 34461 with 5% annual appreciation on a $143,900 basis while $1,109/mo rent supports operations. Total monthly income totals $1,109/mo and a $704/mo payment preserves $154/mo for cash returns. Annual cash flow comes to $1,852/yr on $47,703 deployed, and return on cash invested reaches 23.79% in year one. Equity gained on principal adds $929/yr, and five-year appreciation sums $39,757 alongside rental yield of 9.25%. Five-year ROI measures 124.34% and total cumulative return in cash totals $59,315.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,109/mo property income versus a $704/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1987
2.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34461, Lecanto, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,511 (100%) |
| Owner Occupied HU | 4,308 (78.2%) |
| Renter Occupied HU | 663 (12.0%) |
| Vacant Housing Units | 540 ( 9.8%) |
| Median Home Value | $333,631 |
| Average Home Value | $379,618 |
Housing Distribution
Address Breakdown
Residential
5,214
Single Family
4,830
Multi-Family
384
Businesses
380
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Listed by: Tracy DeVoe • EXIT Riverside Realty
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #844702
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.