8320 Verna Bethany RdMyakka CityFL34251
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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 Myakka City at 8320 Verna Bethany Rd, Myakka City, FL, 34251 listed at $365,000 pairs $3,121/mo rent with a $1,786/mo payment to leave $699/mo cash flow. Total monthly income runs $3,121/mo, and annual cash flow reaches $8,391/yr on $120,998 cash to close. Return on cash invested measures 26.84% in year one, and rental yield registers 10.26% at a $365,000 basis. Equity gained on principal adds $2,355/yr, and annual property appreciation at 5% supports $100,843 by year five. Five-year ROI tracks 140.63% and total cumulative return in cash totals $170,155. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,121/mo property income relative to a $1,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
9,169 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34251, Myakka City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,669 (100%) |
| Owner Occupied HU | 2,284 (85.6%) |
| Renter Occupied HU | 240 ( 9.0%) |
| Vacant Housing Units | 145 ( 5.4%) |
| Median Home Value | $596,483 |
| Average Home Value | $657,437 |
Housing Distribution
Address Breakdown
Residential
2,515
Single Family
2,509
Multi-Family
6
Businesses
117
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Listed by: Brittany McCord • IRONGATE REALTY INC
Mls Name: Stellar MLS
Mls ID: #A4674372