7049 Towering Spruce DrRiverviewFL33578
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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 Riverview at 7049 Towering Spruce Dr, Riverview, FL, 33578 priced at $245,799 converts $2,225/mo rent into $288/mo cash flow after a $1,203/mo obligation. Total monthly income equals $2,225/mo, and annual cash flow totals $3,455/yr on $81,482 invested. Return on cash invested prints 24.15% in year one, and rental yield reads 10.86% against a $245,799 entry. Equity gained on principal adds $1,586/yr, while 5% annual appreciation compiles into $67,910 by year five. Five-year ROI reaches 127.79% and total cumulative return in cash sums $104,123. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,225/mo property income covering a $1,203/mo payment, not borrower’s personal income.
Townhouse
Built in 2018
1,105 sqft lot
$N/A/sqft
$306 monthly HOA
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Listed by: Arlene Ramirez • NOVA REAL ESTATE GROUP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #T3548887
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