905 Iglesia DrNorth PortFL34287
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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 North Port at 905 Iglesia Dr, North Port, FL, 34287 uses $53,007 cash to close to unlock $2,562/yr annual cash flow and $214/mo monthly cash flow. Total monthly income runs $1,275/mo, and a $783/mo payment keeps the spread at $214/mo. Purchase price stands at $159,900, and rental yield measures 9.57% with $1,275/mo rent. Return on cash invested shows 24.74% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 129.41% and total cumulative return in cash records $68,598. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,275/mo property income covering a $783/mo payment rather than investor’s personal income.
Manufactured
Built in 1985
7,063 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34287, North Port, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,319 (100%) |
| Owner Occupied HU | 10,209 (66.6%) |
| Renter Occupied HU | 2,513 (16.4%) |
| Vacant Housing Units | 2,597 (17.0%) |
| Median Home Value | $334,638 |
| Average Home Value | $374,079 |
Housing Distribution
Address Breakdown
Residential
14,228
Single Family
13,862
Multi-Family
366
Businesses
459
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Listed by: Tammie Schroder • LA CASA REAL ESTATE INC.
Mls Name: Stellar MLS
Mls ID: #TB8420311