6380 Richard DrWeeki WacheeFL34607
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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 Weeki Wachee at 6380 Richard Dr, Weeki Wachee, FL, 34607 priced at $438,000 converts $3,480/mo rent into $573/mo cash flow after a $2,144/mo obligation. Total monthly income equals $3,480/mo, and annual cash flow totals $6,878/yr on $145,197 invested. Return on cash invested prints 24.65% in year one, and rental yield reads 9.53% against a $438,000 entry. Equity gained on principal adds $2,826/yr, while 5% annual appreciation compiles into $121,011 by year five. Five-year ROI reaches 128.85% and total cumulative return in cash sums $187,086. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,480/mo property income covering a $2,144/mo payment, not borrower’s personal income.
Manufactured
Built in 1970
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34607, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,478 (100%) |
| Owner Occupied HU | 3,535 (64.5%) |
| Renter Occupied HU | 666 (12.2%) |
| Vacant Housing Units | 1,277 (23.3%) |
| Median Home Value | $460,157 |
| Average Home Value | $483,981 |
Housing Distribution
Address Breakdown
Residential
4,390
Single Family
3,304
Multi-Family
1,086
Businesses
149
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Listed by: Kelly Beasley • Southern Belle Realty, Inc
Mls Name: HCMLS
Mls ID: #2253435