868 N Rhyme PointCrystal RiverFL34429
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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 Crystal River at 868 N Rhyme Point, Crystal River, FL, 34429 priced at $175,000 converts $1,397/mo rent into $235/mo cash flow after a $857/mo obligation. Total monthly income equals $1,397/mo, and annual cash flow totals $2,823/yr on $58,013 invested. Return on cash invested prints 24.77% in year one, and rental yield reads 9.58% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 129.6% and total cumulative return in cash sums $75,187. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,397/mo property income covering a $857/mo payment, not borrower’s personal income.
Manufactured
Built in 1982
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34429, Crystal River, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,687 (100%) |
| Owner Occupied HU | 3,454 (60.7%) |
| Renter Occupied HU | 846 (14.9%) |
| Vacant Housing Units | 1,387 (24.4%) |
| Median Home Value | $308,497 |
| Average Home Value | $360,597 |
Housing Distribution
Address Breakdown
Residential
4,888
Single Family
4,852
Multi-Family
36
Businesses
692
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Listed by: Lindsey Miller • Plantation Realty, Inc.
Mls Name: Realtors Association of Citrus County
Mls ID: #848569