706 Mayflower AveInvernessFL34452
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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 Inverness at 706 Mayflower Ave, Inverness, FL, 34452 offers $1,848/mo rent that, after a $1,116/mo payment, leaves $335/mo cash flow. Total monthly income is $1,848/mo, and annual cash flow is $4,019/yr on $75,582 cash. Return on cash invested measures 25.23% in year one, and rental yield stands at 9.73% at a $228,000 entry. Equity gained on principal adds $1,471/yr while 5% annual appreciation compounds into $62,992 by year five. Five-year ROI records 131.96% and total cumulative return in cash reaches $99,735. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,848/mo property income versus a $1,116/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
9,583 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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