669 W Homeway LoopCitrus SpringsFL34434
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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 Citrus Springs at 669 W Homeway Loop, Citrus Springs, FL, 34434 generates $2,443/mo in rent and, after a $1,331/mo payment, leaves $638/mo in cash flow. Total monthly income is $2,443/mo, and annual cash flow is $7,661/yr on $90,135 invested. Return on cash invested sits at 28.41% in year one, and rental yield is 10.78% on a $271,900 entry. Equity gained on principal adds $1,755/yr, while 5% annual appreciation builds toward $75,121 over five years. Five-year ROI reaches 149.04% and total cumulative return in cash sums $134,338. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,443/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34434, Dunnellon, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,400 (100%) |
| Owner Occupied HU | 4,178 (77.4%) |
| Renter Occupied HU | 693 (12.8%) |
| Vacant Housing Units | 529 ( 9.8%) |
| Median Home Value | $264,490 |
| Average Home Value | $277,639 |
Housing Distribution
Address Breakdown
Residential
5,226
Single Family
5,226
Multi-Family
0
Businesses
84
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Listed by: Jorge Sousa • PLATINUM HOMES AND LAND REALTY
Mls Name: My State MLS
Mls ID: #11385289