8142 River Point DrWeeki WacheeFL34607
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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 Weeki Wachee at 8142 River Point Dr, Weeki Wachee, FL, 34607 priced at $425,000 converts $3,173/mo rent into $353/mo cash flow after a $2,080/mo obligation. Total monthly income equals $3,173/mo, and annual cash flow totals $4,233/yr on $140,888 invested. Return on cash invested prints 22.91% in year one, and rental yield reads 8.96% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 119.54% and total cumulative return in cash sums $168,413. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,173/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 2002
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34607, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,478 (100%) |
| Owner Occupied HU | 3,535 (64.5%) |
| Renter Occupied HU | 666 (12.2%) |
| Vacant Housing Units | 1,277 (23.3%) |
| Median Home Value | $460,157 |
| Average Home Value | $483,981 |
Housing Distribution
Address Breakdown
Residential
4,390
Single Family
3,304
Multi-Family
1,086
Businesses
149
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Listed by: Emily E Barr • Florida Cracker Properties
Mls Name: HCMLS
Mls Provider:
Mls ID: #2251149
Disclaimer: This information is provided exclusively for consumers personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.