833 SE Serendipity PlCrystal RiverFL34429
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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 Crystal River at 833 SE Serendipity Pl, Crystal River, FL, 34429 offers a 9.88% rental yield on a $147,000 purchase with $1,210/mo rent. Total monthly income registers $1,210/mo, and a $719/mo payment leaves $235/mo available for distribution. Annual cash flow reaches $2,820/yr on $48,731 to close, and return on cash invested stands at 25.7% in year one. Equity gained on principal adds $949/yr while 5% annual appreciation supports $40,613 over five years. Portfolio math shows five-year ROI at 134.45% and total cumulative return in cash at $65,520. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,210/mo property income against a $719/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34429, Crystal River, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,687 (100%) |
| Owner Occupied HU | 3,454 (60.7%) |
| Renter Occupied HU | 846 (14.9%) |
| Vacant Housing Units | 1,387 (24.4%) |
| Median Home Value | $308,497 |
| Average Home Value | $360,597 |
Housing Distribution
Address Breakdown
Residential
4,888
Single Family
4,852
Multi-Family
36
Businesses
692
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Listed by: Shelia Millaway • Crystal River Village
Mls Name: My State MLS
Mls ID: #11357618