869 Cascade CtEnglewoodFL34223
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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 869 Cascade Ct, Englewood, FL, 34223 priced at $218,000 converts $1,955/mo rent into $283/mo cash flow after a $1,067/mo obligation. Total monthly income equals $1,955/mo, and annual cash flow totals $3,392/yr on $72,267 invested. Return on cash invested prints 24.6% in year one, and rental yield reads 10.76% against a $218,000 entry. Equity gained on principal adds $1,407/yr, while 5% annual appreciation compiles into $60,229 by year five. Five-year ROI reaches 129.96% and total cumulative return in cash sums $93,919. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,955/mo property income covering a $1,067/mo payment, not borrower’s personal income.
Manufactured
Built in 1987
6,741 sqft lot
$N/A/sqft
$204 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34223, Englewood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,549 (100%) |
| Owner Occupied HU | 10,404 (62.9%) |
| Renter Occupied HU | 1,637 ( 9.9%) |
| Vacant Housing Units | 4,508 (27.2%) |
| Median Home Value | $546,059 |
| Average Home Value | $631,986 |
Housing Distribution
Address Breakdown
Residential
13,691
Single Family
11,537
Multi-Family
2,154
Businesses
636
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Listed by: Kate Stevens • WHITE SANDS REALTY GROUP FL
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #N6136420
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511