8767 N Raidin DrCitrus SpringsFL34433
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Citrus Springs at 8767 N Raidin Dr, Citrus Springs, FL, 34433 priced at $298,750 converts $2,154/mo rent into $172/mo cash flow after a $1,462/mo obligation. Total monthly income equals $2,154/mo, and annual cash flow totals $2,060/yr on $99,036 invested. Return on cash invested prints 21.99% in year one, and rental yield reads 8.65% against a $298,750 entry. Equity gained on principal adds $1,928/yr, while 5% annual appreciation compiles into $82,539 by year five. Five-year ROI reaches 114.58% and total cumulative return in cash sums $113,475. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,154/mo property income covering a $1,462/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34433, Dunnellon, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,385 (100%) |
| Owner Occupied HU | 3,508 (80.0%) |
| Renter Occupied HU | 366 ( 8.3%) |
| Vacant Housing Units | 511 (11.7%) |
| Median Home Value | $313,016 |
| Average Home Value | $338,342 |
Housing Distribution
Address Breakdown
Residential
4,193
Single Family
4,193
Multi-Family
0
Businesses
55
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Holly R Dum • Adams Homes
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #836499
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.