645 Lewis StEnglewoodFL34223
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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 Englewood at 645 Lewis St, Englewood, FL, 34223 uses $72,847 cash to close to unlock $4,971/yr annual cash flow and $414/mo monthly cash flow. Total monthly income runs $1,873/mo, and a $1,076/mo payment keeps the spread at $414/mo. Purchase price stands at $219,750, and rental yield measures 10.23% with $1,873/mo rent. Return on cash invested shows 26.73% in year one, and 5% annual appreciation builds toward $60,713 over five years. Five-year ROI reaches 140.07% and total cumulative return in cash records $102,041. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,873/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Single Family
Built in 1980
9,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34223, Englewood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,549 (100%) |
| Owner Occupied HU | 10,404 (62.9%) |
| Renter Occupied HU | 1,637 ( 9.9%) |
| Vacant Housing Units | 4,508 (27.2%) |
| Median Home Value | $546,059 |
| Average Home Value | $631,986 |
Housing Distribution
Address Breakdown
Residential
13,691
Single Family
11,537
Multi-Family
2,154
Businesses
636
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