7105 Myrtlewood LnSpring HillFL34606
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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 Spring Hill at 7105 Myrtlewood Ln, Spring Hill, FL, 34606 generates $3,230/mo in rent, after a $2,496/mo payment. Total monthly income is $3,230/mo. Return on cash invested sits at 18.96% in year one, and rental yield is 7.6% on a $510,000 entry. Equity gained on principal adds $3,291/yr, while 5% annual appreciation builds toward $140,904 over five years. Five-year ROI reaches 98.29% and total cumulative return in cash sums $164,919. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,230/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34606, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,337 (100%) |
| Owner Occupied HU | 10,033 (70.0%) |
| Renter Occupied HU | 2,922 (20.4%) |
| Vacant Housing Units | 1,382 ( 9.6%) |
| Median Home Value | $275,582 |
| Average Home Value | $306,361 |
Housing Distribution
Address Breakdown
Residential
13,490
Single Family
13,457
Multi-Family
33
Businesses
836
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Listed by: Tracie Maler • Keller Williams Realty - Elite Partners
Mls Name: Realtors Association of Citrus County
Mls ID: #847584