6999 W Merrivale LnHomosassaFL34446
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Homosassa at 6999 W Merrivale Ln, Homosassa, FL, 34446 earns $585/mo cash flow from $2,256/mo rent with a $1,218/mo payment. Total monthly income totals $2,256/mo, and annual cash flow totals $7,023/yr on $82,510 capital. ROI tracks 28.42% on current figures, and rental yield reads 10.88% at a $248,900 purchase. Equity gained on principal adds $1,606/yr, and 5% annual appreciation supports $68,766 over five years. Five-year ROI reaches 149.22% and total cumulative return in cash sums $123,121. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,256/mo property income instead of your personal income.
Single Family
Built in 2007
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34446, Homosassa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,966 (100%) |
| Owner Occupied HU | 8,725 (79.6%) |
| Renter Occupied HU | 1,061 ( 9.7%) |
| Vacant Housing Units | 1,180 (10.8%) |
| Median Home Value | $293,440 |
| Average Home Value | $310,549 |
Housing Distribution
Address Breakdown
Residential
10,055
Single Family
8,102
Multi-Family
1,953
Businesses
299
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patricia "Pat" F Davis • Century 21 J.W.Morton R.E.
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #838825
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.