8430 Shore Lake DrEnglewoodFL34224
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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 Englewood at 8430 Shore Lake Dr, Englewood, FL, 34224 priced at $478,205 converts $3,120/mo rent into after a $2,341/mo obligation. Total monthly income equals $3,120/mo. Return on cash invested prints 19.5% in year one, and rental yield reads 7.83% against a $478,205 entry. Equity gained on principal adds $3,086/yr, while 5% annual appreciation compiles into $132,119 by year five. Five-year ROI reaches 101.26% and total cumulative return in cash sums $160,517. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,120/mo property income covering a $2,341/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34224, Englewood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,443 (100%) |
| Owner Occupied HU | 7,238 (63.3%) |
| Renter Occupied HU | 1,486 (13.0%) |
| Vacant Housing Units | 2,719 (23.8%) |
| Median Home Value | $365,183 |
| Average Home Value | $399,158 |
Housing Distribution
Address Breakdown
Residential
10,796
Single Family
9,338
Multi-Family
1,458
Businesses
527
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