6931 162nd Pl EParrishFL34219
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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 Parrish at 6931 162nd Pl E, Parrish, FL, 34219 listed at $432,268 pairs $3,600/mo rent with a $2,116/mo payment to leave $520/mo cash flow. Total monthly income runs $3,600/mo, and annual cash flow reaches $6,242/yr on $143,297 cash to close. Return on cash invested measures 24.26% in year one, and rental yield registers 9.99% at a $432,268 basis. Equity gained on principal adds $2,789/yr, and annual property appreciation at 5% supports $119,428 by year five. Five-year ROI tracks 127.44% and total cumulative return in cash totals $182,623. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,600/mo property income relative to a $2,116/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
6,500 sqft lot
$N/A/sqft
$211 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34219, Parrish, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,007 (100%) |
| Owner Occupied HU | 16,304 (85.8%) |
| Renter Occupied HU | 1,140 ( 6.0%) |
| Vacant Housing Units | 1,563 ( 8.2%) |
| Median Home Value | $486,744 |
| Average Home Value | $530,938 |
Housing Distribution
Address Breakdown
Residential
16,870
Single Family
15,895
Multi-Family
975
Businesses
418
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Listed by: Alex Webster • ADAMS HOMES REALTY,INC.
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #T3544834
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