7780 N Ring DrCitrus SpringsFL34434
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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
Investment property for sale in Citrus Springs at 7780 N Ring Dr, Citrus Springs, FL, 34434 uses $94,478 cash to close to unlock $2,347/yr annual cash flow and $196/mo monthly cash flow. Total monthly income runs $2,087/mo, and a $1,395/mo payment keeps the spread at $196/mo. Purchase price stands at $285,000, and rental yield measures 8.79% with $2,087/mo rent. Return on cash invested shows 22.39% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 116.77% and total cumulative return in cash records $110,322. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,087/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 2022
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34434, Dunnellon, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,400 (100%) |
| Owner Occupied HU | 4,178 (77.4%) |
| Renter Occupied HU | 693 (12.8%) |
| Vacant Housing Units | 529 ( 9.8%) |
| Median Home Value | $264,490 |
| Average Home Value | $277,639 |
Housing Distribution
Address Breakdown
Residential
5,226
Single Family
5,226
Multi-Family
0
Businesses
84
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Listed by: Deidre Fernandez • MAJESTIC OAKS REALTY
Mls Name: Stellar MLS
Mls ID: #OM715817