6824 E Red Robin LnInvernessFL34452
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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 Inverness at 6824 E Red Robin Ln, Inverness, FL, 34452 offers a 10.15% rental yield on a $225,000 purchase with $1,903/mo rent. Total monthly income registers $1,903/mo, and a $1,101/mo payment leaves $410/mo available for distribution. Annual cash flow reaches $4,921/yr on $74,588 to close, and return on cash invested stands at 26.51% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 138.89% and total cumulative return in cash at $103,593. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,903/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34452, Inverness, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,354 (100%) |
| Owner Occupied HU | 4,720 (74.3%) |
| Renter Occupied HU | 1,061 (16.7%) |
| Vacant Housing Units | 573 ( 9.0%) |
| Median Home Value | $249,839 |
| Average Home Value | $358,011 |
Housing Distribution
Address Breakdown
Residential
5,870
Single Family
5,839
Multi-Family
31
Businesses
143
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Listed by: Debra McFarland • Tropic Shores Realty
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #846129
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.