639 La Jolla CirNorth PortFL34287
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 North Port at 639 La Jolla Cir, North Port, FL, 34287 generates $2,160/mo in rent and, after a $1,219/mo payment, leaves $507/mo in cash flow. Total monthly income is $2,160/mo, and annual cash flow is $6,088/yr on $82,544 invested. Return on cash invested sits at 27.28% in year one, and rental yield is 10.41% on a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 143.03% and total cumulative return in cash sums $118,064. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,160/mo property income rather than buyer’s personal income.
Manufactured
Built in 1976
6,782 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34287, North Port, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,319 (100%) |
| Owner Occupied HU | 10,209 (66.6%) |
| Renter Occupied HU | 2,513 (16.4%) |
| Vacant Housing Units | 2,597 (17.0%) |
| Median Home Value | $334,638 |
| Average Home Value | $374,079 |
Housing Distribution
Address Breakdown
Residential
14,228
Single Family
13,862
Multi-Family
366
Businesses
459
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammie Schroder • LA CASA REAL ESTATE INC.
Mls Name: Stellar MLS
Mls ID: #TB8466966