809 Manchester CtEnglewoodFL34223
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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 Englewood at 809 Manchester Ct, Englewood, FL, 34223 offers $1,593/mo rent that, after a $1,126/mo payment, leaves $66/mo cash flow. Total monthly income is $1,593/mo, and annual cash flow is $797/yr on $76,245 cash. Return on cash invested measures 20.95% in year one, and rental yield stands at 8.31% at a $230,000 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,545 by year five. Five-year ROI records 109.06% and total cumulative return in cash reaches $83,155. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,593/mo property income versus a $1,126/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1986
6,673 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34223, Englewood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,549 (100%) |
| Owner Occupied HU | 10,404 (62.9%) |
| Renter Occupied HU | 1,637 ( 9.9%) |
| Vacant Housing Units | 4,508 (27.2%) |
| Median Home Value | $546,059 |
| Average Home Value | $631,986 |
Housing Distribution
Address Breakdown
Residential
13,691
Single Family
11,537
Multi-Family
2,154
Businesses
636
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