8364 Eldridge RdSpring HillFL34608
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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 Spring Hill at 8364 Eldridge Rd, Spring Hill, FL, 34608 uses $70,610 cash to close to unlock $8,160/yr annual cash flow and $680/mo monthly cash flow. Total monthly income runs $2,094/mo, and a $1,043/mo payment keeps the spread at $680/mo. Purchase price stands at $213,000, and rental yield measures 11.8% with $2,094/mo rent. Return on cash invested shows 31.47% in year one, and 5% annual appreciation builds toward $58,848 over five years. Five-year ROI reaches 165.48% and total cumulative return in cash records $116,841. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,094/mo property income covering a $1,043/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34608, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,552 (100%) |
| Owner Occupied HU | 11,227 (72.2%) |
| Renter Occupied HU | 3,143 (20.2%) |
| Vacant Housing Units | 1,182 ( 7.6%) |
| Median Home Value | $312,231 |
| Average Home Value | $334,098 |
Housing Distribution
Address Breakdown
Residential
14,222
Single Family
14,047
Multi-Family
175
Businesses
226
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Listed by: Jon McCall • Dalton Wade Inc
Mls Name: HCMLS
Mls ID: #2255496