6220 Krista DrSpring HillFL34609
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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 Spring Hill at 6220 Krista Dr, Spring Hill, FL, 34609 priced at $474,900 converts $3,616/mo rent into $245/mo cash flow after a $2,324/mo obligation. Total monthly income equals $3,616/mo, and annual cash flow totals $2,936/yr on $157,429 invested. Return on cash invested prints 21.77% in year one, and rental yield reads 9.14% against a $474,900 entry. Equity gained on principal adds $3,064/yr, while 5% annual appreciation compiles into $131,206 by year five. Five-year ROI reaches 114.04% and total cumulative return in cash sums $179,531. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,616/mo property income covering a $2,324/mo payment, not borrower’s personal income.
Single Family
Built in 2001
0.51 Acres lot
$N/A/sqft
$50 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34609, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,358 (100%) |
| Owner Occupied HU | 16,098 (79.1%) |
| Renter Occupied HU | 3,096 (15.2%) |
| Vacant Housing Units | 1,164 ( 5.7%) |
| Median Home Value | $346,231 |
| Average Home Value | $372,548 |
Housing Distribution
Address Breakdown
Residential
18,800
Single Family
18,316
Multi-Family
484
Businesses
658
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Listed by: Gregory M. Sullivan • By Owner.com
Mls Name: Space Coast AOR
Mls ID: #1027555
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.