8331 241st St EMyakka 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 8331 241st St E, Myakka City, FL, 34251 offers a 4.2% rental yield on a $1,396,400 purchase with $4,887/mo rent. 75% in year one. Equity gained on principal adds $9,011/yr while 5% annual appreciation supports $385,800 over five years. Portfolio math shows five-year ROI at 43.51% and total cumulative return in cash at $196,865. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,887/mo property income against a $6,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
9.56 Acres 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: Sharon Klein • FINE PROPERTIES
Mls Name: Stellar MLS
Mls ID: #A4658704