5550 Newmark StSpring HillFL34606
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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 Spring Hill at 5550 Newmark St, Spring Hill, FL, 34606 uses $106,080 cash to close to unlock $3,080/yr annual cash flow and $257/mo monthly cash flow. Total monthly income runs $2,380/mo, and a $1,566/mo payment keeps the spread at $257/mo. Purchase price stands at $320,000, and rental yield measures 8.92% with $2,380/mo rent. Return on cash invested shows 22.81% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 119.01% and total cumulative return in cash records $126,243. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,380/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1989
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34606, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,337 (100%) |
| Owner Occupied HU | 10,033 (70.0%) |
| Renter Occupied HU | 2,922 (20.4%) |
| Vacant Housing Units | 1,382 ( 9.6%) |
| Median Home Value | $275,582 |
| Average Home Value | $306,361 |
Housing Distribution
Address Breakdown
Residential
13,490
Single Family
13,457
Multi-Family
33
Businesses
836
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Listed by: Heather McCann • CHARLES RUTENBERG REALTY INC
Mls Name: Stellar MLS
Mls ID: #W7880716