9 Elder Ct WHomosassaFL34446
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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
Investment property for sale in Homosassa at 9 Elder Ct W, Homosassa, FL, 34446 offers a 10.36% rental yield on a $305,900 purchase with $2,640/mo rent. Total monthly income registers $2,640/mo, and a $1,497/mo payment leaves $610/mo available for distribution. Annual cash flow reaches $7,323/yr on $101,406 to close, and return on cash invested stands at 27.13% in year one. Equity gained on principal adds $1,974/yr while 5% annual appreciation supports $84,515 over five years. Portfolio math shows five-year ROI at 142.17% and total cumulative return in cash at $144,172. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,640/mo property income against a $1,497/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.28 Acres lot
$N/A/sqft
No 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
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