61 S Heron Creek LoopInvernessFL34450
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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 61 S Heron Creek Loop, Inverness, FL, 34450 uses $56,024 cash to close to unlock $5,216/yr annual cash flow and $435/mo monthly cash flow. Total monthly income runs $1,556/mo, and a $827/mo payment keeps the spread at $435/mo. Purchase price stands at $169,000, and rental yield measures 11.05% with $1,556/mo rent. Return on cash invested shows 29.22% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 153.38% and total cumulative return in cash records $85,927. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,556/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 1989
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34450, Inverness, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,538 (100%) |
| Owner Occupied HU | 4,512 (69.0%) |
| Renter Occupied HU | 1,078 (16.5%) |
| Vacant Housing Units | 948 (14.5%) |
| Median Home Value | $246,358 |
| Average Home Value | $277,330 |
Housing Distribution
Address Breakdown
Residential
5,938
Single Family
5,867
Multi-Family
71
Businesses
378
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