9 Chinaberry CirHomosassaFL34446
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 9 Chinaberry Cir, Homosassa, FL, 34446 in Homosassa worth modelling. At $229,500 with a 8.31% gross yield, the $1,590/mo rent leaves $56/mo after the $1,032/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.54 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $63,407 by year five; $2,114/yr in principal reduction adds further equity. Total projected return: $91,166.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 8.0% |
| Monthly Cash Flow | $56 | $250 |
City averages based on Homosassa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,590 |
| Total Monthly Debt Service | $1,443 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1976
3,920 sqft lot
$N/A/sqft
$135 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34446, Homosassa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,966 (100%) |
| Owner Occupied HU | 8,725 (79.6%) |
| Renter Occupied HU | 1,061 ( 9.7%) |
| Vacant Housing Units | 1,180 (10.8%) |
| Median Home Value | $293,440 |
| Average Home Value | $310,549 |
Housing Distribution
Address Breakdown
Residential
10,055
Single Family
8,102
Multi-Family
1,953
Businesses
299
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
Single Family
Built in 1976
3,920 sqft lot
$N/A/sqft
$135 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34446, Homosassa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,966 (100%) |
| Owner Occupied HU | 8,725 (79.6%) |
| Renter Occupied HU | 1,061 ( 9.7%) |
| Vacant Housing Units | 1,180 (10.8%) |
| Median Home Value | $293,440 |
| Average Home Value | $310,549 |
Housing Distribution
Address Breakdown
Residential
10,055
Single Family
8,102
Multi-Family
1,953
Businesses
299
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Phillip Eledge • Key 1 Realty, Inc.
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #843358
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.