824 Lanark DrInvernessFL34453
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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 Inverness at 824 Lanark Dr, Inverness, FL, 34453 with 5% annual appreciation on a $217,000 basis while $1,733/mo rent supports operations. Total monthly income totals $1,733/mo and a $1,062/mo payment preserves $293/mo for cash returns. Annual cash flow comes to $3,517/yr on $71,936 deployed, and return on cash invested reaches 24.8% in year one. Equity gained on principal adds $1,400/yr, and five-year appreciation sums $59,953 alongside rental yield of 9.58%. Five-year ROI measures 129.71% and total cumulative return in cash totals $93,305.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,733/mo property income versus a $1,062/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2001
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34453, Inverness, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,867 (100%) |
| Owner Occupied HU | 4,088 (69.7%) |
| Renter Occupied HU | 1,043 (17.8%) |
| Vacant Housing Units | 736 (12.5%) |
| Median Home Value | $208,612 |
| Average Home Value | $259,683 |
Housing Distribution
Address Breakdown
Residential
5,783
Single Family
5,655
Multi-Family
128
Businesses
368
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