8720 S Pleasant Grove RdInvernessFL34452
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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 8720 S Pleasant Grove Rd, Inverness, FL, 34452 generates $2,992/mo in rent, after a $3,054/mo payment. Total monthly income is $2,992/mo. Return on cash invested sits at 13.35% in year one, and rental yield is 5.75% on a $624,000 entry. Equity gained on principal adds $4,027/yr, while 5% annual appreciation builds toward $172,400 over five years. Five-year ROI reaches 68.21% and total cumulative return in cash sums $140,039. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,992/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
6.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34452, Inverness, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,354 (100%) |
| Owner Occupied HU | 4,720 (74.3%) |
| Renter Occupied HU | 1,061 (16.7%) |
| Vacant Housing Units | 573 ( 9.0%) |
| Median Home Value | $249,839 |
| Average Home Value | $358,011 |
Housing Distribution
Address Breakdown
Residential
5,870
Single Family
5,839
Multi-Family
31
Businesses
143
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Listed by: Lori Marra • Coldwell Banker Investors Realty
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #812875
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.