709 Spruce StEnglewoodFL34223
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 Englewood at 709 Spruce St, Englewood, FL, 34223 at $140,000 posts ROI 23.25% with $129/mo cash flow from $1,058/mo rent. Total monthly income equals $1,058/mo, and annual cash flow records $1,550/yr on $46,410 to close. Return on cash invested measures 23.25% and rental yield reads 9.07% at the current $140,000. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 by year five. Five-year ROI prints 121.42% and total cumulative return in cash totals $56,350.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,058/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1967
10,048 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34223, Englewood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,549 (100%) |
| Owner Occupied HU | 10,404 (62.9%) |
| Renter Occupied HU | 1,637 ( 9.9%) |
| Vacant Housing Units | 4,508 (27.2%) |
| Median Home Value | $546,059 |
| Average Home Value | $631,986 |
Housing Distribution
Address Breakdown
Residential
13,691
Single Family
11,537
Multi-Family
2,154
Businesses
636
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