8700 E Matthew Meadow CtInvernessFL34453
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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 Inverness at 8700 E Matthew Meadow Ct, Inverness, FL, 34453 generates $3,000/mo in rent, after a $8,531/mo payment. Total monthly income is $3,000/mo. Return on cash invested sits at 2.17% in year one, and rental yield is 2.07% on a $1,743,000 entry. Equity gained on principal adds $11,247/yr, while 5% annual appreciation builds toward $481,559 over five years. Five-year ROI reaches 8.2% and total cumulative return in cash sums $46,327. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,000/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
115.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34453, Inverness, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,867 (100%) |
| Owner Occupied HU | 4,088 (69.7%) |
| Renter Occupied HU | 1,043 (17.8%) |
| Vacant Housing Units | 736 (12.5%) |
| Median Home Value | $208,612 |
| Average Home Value | $259,683 |
Housing Distribution
Address Breakdown
Residential
5,783
Single Family
5,655
Multi-Family
128
Businesses
368
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Listed by: Timothy Bender • Century 21 J.W.Morton R.E.
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #845181
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.