618 Randolph AveInvernessFL34453
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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 618 Randolph Ave, Inverness, FL, 34453 listed at $199,500 pairs $1,706/mo rent with a $976/mo payment to leave $383/mo cash flow. Total monthly income runs $1,706/mo, and annual cash flow reaches $4,590/yr on $66,134 cash to close. Return on cash invested measures 26.85% in year one, and rental yield registers 10.26% at a $199,500 basis. Equity gained on principal adds $1,287/yr, and annual property appreciation at 5% supports $55,118 by year five. Five-year ROI tracks 140.69% and total cumulative return in cash totals $93,043. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,706/mo property income relative to a $976/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
0.27 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: Sophia Helt • Century 21 J.W.Morton R.E.
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #836907
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.