826 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
Rental property for sale in Inverness at 826 Lanark Dr, Inverness, FL, 34453 priced at $269,900 converts $1,908/mo rent into $117/mo cash flow after a $1,321/mo obligation. Total monthly income equals $1,908/mo, and annual cash flow totals $1,403/yr on $89,472 invested. Return on cash invested prints 21.48% in year one, and rental yield reads 8.48% against a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,568 by year five. Five-year ROI reaches 111.82% and total cumulative return in cash sums $100,050. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,908/mo property income covering a $1,321/mo payment, not borrower’s personal income.
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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