8306 E Turner Camp RdInvernessFL34453
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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 8306 E Turner Camp Rd, Inverness, FL, 34453 priced at $105,000 converts $809/mo rent into $112/mo cash flow after a $514/mo obligation. Total monthly income equals $809/mo, and annual cash flow totals $1,345/yr on $34,808 invested. Return on cash invested prints 23.77% in year one, and rental yield reads 9.25% against a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation compiles into $29,010 by year five. Five-year ROI reaches 124.29% and total cumulative return in cash sums $43,262. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $809/mo property income covering a $514/mo payment, not borrower’s personal income.
Manufactured
Built in 1969
0.43 Acres 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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Listed by: Michael Buteau Jr • LPT Realty
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #844650
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