8416 N Sussex DrCitrus SpringsFL34434
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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 Citrus Springs at 8416 N Sussex Dr, Citrus Springs, FL, 34434 generates $2,857/mo in rent and, after a $1,591/mo payment, leaves $700/mo in cash flow. Total monthly income is $2,857/mo, and annual cash flow is $8,400/yr on $107,738 invested. Return on cash invested sits at 27.71% in year one, and rental yield is 10.55% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 145.22% and total cumulative return in cash sums $156,457. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,857/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34434, Dunnellon, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,400 (100%) |
| Owner Occupied HU | 4,178 (77.4%) |
| Renter Occupied HU | 693 (12.8%) |
| Vacant Housing Units | 529 ( 9.8%) |
| Median Home Value | $264,490 |
| Average Home Value | $277,639 |
Housing Distribution
Address Breakdown
Residential
5,226
Single Family
5,226
Multi-Family
0
Businesses
84
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Listed by: Deborah Winningham • 360 Realty Solutions Inc
Mls Name: Realtors Association of Citrus County
Mls ID: #846824