5723 New Paris WayEllentonFL34222
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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 Ellenton at 5723 New Paris Way, Ellenton, FL, 34222 priced at $425,412 converts $3,196/mo rent into $152/mo cash flow after a $2,082/mo obligation. Total monthly income equals $3,196/mo, and annual cash flow totals $1,828/yr on $141,024 invested. Return on cash invested prints 21.2% in year one, and rental yield reads 9.02% against a $425,412 entry. Equity gained on principal adds $2,745/yr, while 5% annual appreciation compiles into $117,533 by year five. Five-year ROI reaches 111.07% and total cumulative return in cash sums $156,638. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,196/mo property income covering a $2,082/mo payment, not borrower’s personal income.
Single Family
Built in 2004
6,743 sqft lot
$N/A/sqft
$85 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34222, Ellenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,350 (100%) |
| Owner Occupied HU | 5,463 (65.4%) |
| Renter Occupied HU | 1,406 (16.8%) |
| Vacant Housing Units | 1,481 (17.7%) |
| Median Home Value | $211,957 |
| Average Home Value | $335,183 |
Housing Distribution
Address Breakdown
Residential
7,889
Single Family
6,742
Multi-Family
1,147
Businesses
587
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Listed by: Tony Domenico • WAGNER REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4627956
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