856 Pritchard Island RdInvernessFL34450
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Inverness at 856 Pritchard Island Rd, Inverness, FL, 34450 at $177,900 posts ROI 28.6% with $427/mo cash flow from $1,608/mo rent. Total monthly income equals $1,608/mo, and annual cash flow records $5,126/yr on $58,974 to close. Return on cash invested measures 28.6% and rental yield reads 10.85% at the current $177,900. Equity gained on principal adds $1,148/yr, and 5% annual appreciation supports $49,150 by year five. Five-year ROI prints 150.12% and total cumulative return in cash totals $88,529.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,608/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1986
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34450, Inverness, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,538 (100%) |
| Owner Occupied HU | 4,512 (69.0%) |
| Renter Occupied HU | 1,078 (16.5%) |
| Vacant Housing Units | 948 (14.5%) |
| Median Home Value | $246,358 |
| Average Home Value | $277,330 |
Housing Distribution
Address Breakdown
Residential
5,938
Single Family
5,867
Multi-Family
71
Businesses
378
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