7204 Kings DrEllentonFL34222
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
Rental property for sale in Ellenton at 7204 Kings Dr, Ellenton, FL, 34222 priced at $134,850 converts $1,065/mo rent into $170/mo cash flow after a $660/mo obligation. Total monthly income equals $1,065/mo, and annual cash flow totals $2,042/yr on $44,703 invested. Return on cash invested prints 24.48% in year one, and rental yield reads 9.48% against a $134,850 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation compiles into $37,257 by year five. Five-year ROI reaches 128.02% and total cumulative return in cash sums $57,229. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,065/mo property income covering a $660/mo payment, not borrower’s personal income.
Manufactured
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34222, Ellenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,350 (100%) |
| Owner Occupied HU | 5,463 (65.4%) |
| Renter Occupied HU | 1,406 (16.8%) |
| Vacant Housing Units | 1,481 (17.7%) |
| Median Home Value | $211,957 |
| Average Home Value | $335,183 |
Housing Distribution
Address Breakdown
Residential
7,889
Single Family
6,742
Multi-Family
1,147
Businesses
587
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices