697 N Gulf AveCrystal RiverFL34429
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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 Crystal River at 697 N Gulf Ave, Crystal River, FL, 34429 priced at $207,900 pairs $1,742/mo rent with $362/mo cash flow after a $1,018/mo payment. Total monthly income equals $1,742/mo, and annual cash flow comes to $4,343/yr on $68,919 invested. Return on cash invested is 26.21% in year one, and rental yield stands at 10.05% on a $207,900 basis. Equity gained on principal adds $1,342/yr, and 5% annual appreciation accumulates to $57,439 by year five. Five-year ROI measures 137.21% and total cumulative return in cash reaches $94,564. For financing, Ziffy Mortgage’s DSCR program evaluates $1,742/mo property income against a $1,018/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2005
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34429, Crystal River, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,687 (100%) |
| Owner Occupied HU | 3,454 (60.7%) |
| Renter Occupied HU | 846 (14.9%) |
| Vacant Housing Units | 1,387 (24.4%) |
| Median Home Value | $308,497 |
| Average Home Value | $360,597 |
Housing Distribution
Address Breakdown
Residential
4,888
Single Family
4,852
Multi-Family
36
Businesses
692
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Listed by: Victoria Fraine • Waybright Real Estate, Inc.
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #840540
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.