7888 Evinrude AveNorth PortFL34291
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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 North Port at 7888 Evinrude Ave, North Port, FL, 34291 generates $2,023/mo in rent, after a $2,276/mo payment. Total monthly income is $2,023/mo. Return on cash invested sits at 11.63% in year one, and rental yield is 5.22% on a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 59.08% and total cumulative return in cash sums $91,067. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,023/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
0.52 Acres lot
$N/A/sqft
No HOA
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Listed by: Chuck Allford • RE/MAX ALLIANCE GROUP
Mls Name: Stellar MLS
Mls ID: #D6145689