6609 Sovereign WaySpring HillFL34606
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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 Spring Hill at 6609 Sovereign Way, Spring Hill, FL, 34606 priced at $253,900 converts $2,358/mo rent into $134/mo cash flow after a $1,243/mo obligation. Total monthly income equals $2,358/mo, and annual cash flow totals $1,605/yr on $84,168 invested. Return on cash invested prints 21.82% in year one, and rental yield reads 11.14% against a $253,900 entry. Equity gained on principal adds $1,638/yr, while 5% annual appreciation compiles into $70,148 by year five. Five-year ROI reaches 116.45% and total cumulative return in cash sums $98,014. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,358/mo property income covering a $1,243/mo payment, not borrower’s personal income.
Single Family
Built in 1985
3,958 sqft lot
$N/A/sqft
$429 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34606, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,337 (100%) |
| Owner Occupied HU | 10,033 (70.0%) |
| Renter Occupied HU | 2,922 (20.4%) |
| Vacant Housing Units | 1,382 ( 9.6%) |
| Median Home Value | $275,582 |
| Average Home Value | $306,361 |
Housing Distribution
Address Breakdown
Residential
13,490
Single Family
13,457
Multi-Family
33
Businesses
836
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Listed by: John Mamo • KW REALTY ELITE PARTNERS
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #W7870016
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511