7499 Blue Skies DrSpring HillFL34606
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 Spring Hill at 7499 Blue Skies Dr, Spring Hill, FL, 34606 priced at $340,000 pairs $2,492/mo rent with $236/mo cash flow after a $1,664/mo payment. Total monthly income equals $2,492/mo, and annual cash flow comes to $2,830/yr on $112,710 invested. Return on cash invested is 22.42% in year one, and rental yield stands at 8.8% on a $340,000 basis. Equity gained on principal adds $2,194/yr, and 5% annual appreciation accumulates to $93,936 by year five. Five-year ROI measures 116.89% and total cumulative return in cash reaches $131,742. For financing, Ziffy Mortgage’s DSCR program evaluates $2,492/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1994
9,583 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tracie Maler • Keller Williams Realty - Elite Partners
Mls Name: Realtors Association of Citrus County
Mls ID: #844429