7640 W Springtime LnHomosassaFL34448
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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 Homosassa at 7640 W Springtime Ln, Homosassa, FL, 34448 generates $1,461/mo in rent and, after a $925/mo payment, leaves $207/mo in cash flow. Total monthly income is $1,461/mo, and annual cash flow is $2,482/yr on $62,654 invested. Return on cash invested sits at 23.87% in year one, and rental yield is 9.28% on a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 124.68% and total cumulative return in cash sums $78,118. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,461/mo property income rather than buyer’s personal income.
Manufactured
Built in 2000
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34448, Homosassa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,635 (100%) |
| Owner Occupied HU | 4,650 (60.9%) |
| Renter Occupied HU | 972 (12.7%) |
| Vacant Housing Units | 2,013 (26.4%) |
| Median Home Value | $210,158 |
| Average Home Value | $260,450 |
Housing Distribution
Address Breakdown
Residential
5,958
Single Family
5,886
Multi-Family
72
Businesses
266
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