6409 W Grant StHomosassaFL34448
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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 Homosassa at 6409 W Grant St, Homosassa, FL, 34448 offers a 11.85% rental yield on a $214,000 purchase with $2,114/mo rent. Total monthly income registers $2,114/mo, and a $1,047/mo payment leaves $694/mo available for distribution. Annual cash flow reaches $8,331/yr on $70,941 to close, and return on cash invested stands at 31.65% in year one. Equity gained on principal adds $1,381/yr while 5% annual appreciation supports $59,124 over five years. Portfolio math shows five-year ROI at 166.46% and total cumulative return in cash at $118,091. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,114/mo property income against a $1,047/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2003
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34448, Homosassa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,635 (100%) |
| Owner Occupied HU | 4,650 (60.9%) |
| Renter Occupied HU | 972 (12.7%) |
| Vacant Housing Units | 2,013 (26.4%) |
| Median Home Value | $210,158 |
| Average Home Value | $260,450 |
Housing Distribution
Address Breakdown
Residential
5,958
Single Family
5,886
Multi-Family
72
Businesses
266
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Listed by: Suzanne Kay Smith • Trotter Realty
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #844419
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.