6594 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 6594 W Grant St, Homosassa, FL, 34448 uses $71,239 cash to close to unlock $2,505/yr annual cash flow and $209/mo monthly cash flow. Total monthly income runs $1,635/mo, and a $1,052/mo payment keeps the spread at $209/mo. Purchase price stands at $214,900, and rental yield measures 9.13% with $1,635/mo rent. Return on cash invested shows 23.42% in year one, and 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 122.28% and total cumulative return in cash records $87,114. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,635/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Manufactured
Built in 2024
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: Lee Ann Ward • Epique Realty Inc
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #841327
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