870 S Thyme PointHomosassaFL34448
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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 Homosassa at 870 S Thyme Point, Homosassa, FL, 34448 priced at $231,000 pairs $2,039/mo rent with $451/mo cash flow after a $1,131/mo payment. Total monthly income equals $2,039/mo, and annual cash flow comes to $5,417/yr on $76,577 invested. Return on cash invested is 26.98% in year one, and rental yield stands at 10.59% on a $231,000 basis. Equity gained on principal adds $1,491/yr, and 5% annual appreciation accumulates to $63,821 by year five. Five-year ROI measures 141.7% and total cumulative return in cash reaches $108,513. For financing, Ziffy Mortgage’s DSCR program evaluates $2,039/mo property income against a $1,131/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34448, Homosassa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,635 (100%) |
| Owner Occupied HU | 4,650 (60.9%) |
| Renter Occupied HU | 972 (12.7%) |
| Vacant Housing Units | 2,013 (26.4%) |
| Median Home Value | $210,158 |
| Average Home Value | $260,450 |
Housing Distribution
Address Breakdown
Residential
5,958
Single Family
5,886
Multi-Family
72
Businesses
266
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Listed by: Janice Ayers • ERA American Suncoast Realty
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #844789
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