5985 W Vikre PathHomosassaFL34448
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Homosassa at 5985 W Vikre Path, Homosassa, FL, 34448 priced at $275,000 converts $2,228/mo rent into $403/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,228/mo, and annual cash flow totals $4,836/yr on $91,163 invested. Return on cash invested prints 25.21% in year one, and rental yield reads 9.72% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 131.93% and total cumulative return in cash sums $120,275. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,228/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 2005
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34448, Homosassa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,635 (100%) |
| Owner Occupied HU | 4,650 (60.9%) |
| Renter Occupied HU | 972 (12.7%) |
| Vacant Housing Units | 2,013 (26.4%) |
| Median Home Value | $210,158 |
| Average Home Value | $260,450 |
Housing Distribution
Address Breakdown
Residential
5,958
Single Family
5,886
Multi-Family
72
Businesses
266
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kirk Johnson • Citrus Ridge Realty
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #844320
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.