708 NE 6th StCrystal RiverFL34428
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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 Crystal River at 708 NE 6th St, Crystal River, FL, 34428 uses $74,554 cash to close to unlock $1,492/yr annual cash flow and $124/mo monthly cash flow. Total monthly income runs $1,617/mo, and a $1,101/mo payment keeps the spread at $124/mo. Purchase price stands at $224,900, and rental yield measures 8.63% with $1,617/mo rent. Return on cash invested shows 21.91% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 114.22% and total cumulative return in cash records $85,153. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,617/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1968
10,558 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34428, Crystal River, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,401 (100%) |
| Owner Occupied HU | 3,519 (65.2%) |
| Renter Occupied HU | 1,044 (19.3%) |
| Vacant Housing Units | 838 (15.5%) |
| Median Home Value | $326,153 |
| Average Home Value | $350,676 |
Housing Distribution
Address Breakdown
Residential
5,072
Single Family
4,921
Multi-Family
151
Businesses
268
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Listed by: Louis Newman • KELLER WILLIAMS REALTY-ELITE P
Mls Name: Stellar MLS
Mls ID: #OM711891