590 N Independence HwyInvernessFL34453
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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 Inverness at 590 N Independence Hwy, Inverness, FL, 34453 at $228,000 posts ROI 22.59% with $169/mo cash flow from $1,682/mo rent. Total monthly income equals $1,682/mo, and annual cash flow records $2,027/yr on $75,582 to close. Return on cash invested measures 22.59% and rental yield reads 8.85% at the current $228,000. Equity gained on principal adds $1,471/yr, and 5% annual appreciation supports $62,992 by year five. Five-year ROI prints 117.81% and total cumulative return in cash totals $89,043.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,682/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34453, Inverness, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,867 (100%) |
| Owner Occupied HU | 4,088 (69.7%) |
| Renter Occupied HU | 1,043 (17.8%) |
| Vacant Housing Units | 736 (12.5%) |
| Median Home Value | $208,612 |
| Average Home Value | $259,683 |
Housing Distribution
Address Breakdown
Residential
5,783
Single Family
5,655
Multi-Family
128
Businesses
368
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Listed by: Kathleen "Kate" P Calhoun • ERA American Suncoast Realty
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #844274
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.