8631 Miller DrRiverviewFL33569
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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 Riverview at 8631 Miller Dr, Riverview, FL, 33569 offers a 8.19% rental yield on a $299,900 purchase with $2,047/mo rent. Total monthly income registers $2,047/mo, and a $1,468/mo payment leaves $57/mo available for distribution. Annual cash flow reaches $680/yr on $99,417 to close, and return on cash invested stands at 20.59% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 107.12% and total cumulative return in cash at $106,492. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,047/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1998
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33569, Riverview, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,995 (100%) |
| Owner Occupied HU | 9,307 (77.6%) |
| Renter Occupied HU | 2,058 (17.2%) |
| Vacant Housing Units | 630 ( 5.3%) |
| Median Home Value | $415,008 |
| Average Home Value | $443,599 |
Housing Distribution
Address Breakdown
Residential
11,427
Single Family
10,946
Multi-Family
481
Businesses
196
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