6002 Sparrowhead WayLithiaFL33547
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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 Lithia at 6002 Sparrowhead Way, Lithia, FL, 33547 generates $3,896/mo in rent and, after a $2,765/mo payment, leaves $147/mo in cash flow. Total monthly income is $3,896/mo, and annual cash flow is $1,764/yr on $185,885 invested. Return on cash invested sits at 21.01% in year one, and rental yield is 8.27% on a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 109.29% and total cumulative return in cash sums $203,151. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,896/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33547, Lithia, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,999 (100%) |
| Owner Occupied HU | 8,930 (81.2%) |
| Renter Occupied HU | 1,652 (15.0%) |
| Vacant Housing Units | 417 ( 3.8%) |
| Median Home Value | $577,927 |
| Average Home Value | $619,117 |
Housing Distribution
Address Breakdown
Residential
10,633
Single Family
10,028
Multi-Family
605
Businesses
441
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