908 Pritchard Island RdInvernessFL34450
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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 Inverness at 908 Pritchard Island Rd, Inverness, FL, 34450 with 5% annual appreciation on a $229,500 basis while $1,973/mo rent supports operations. Total monthly income totals $1,973/mo and a $1,123/mo payment preserves $450/mo for cash returns. Annual cash flow comes to $5,403/yr on $76,079 deployed, and return on cash invested reaches 27.01% in year one. Equity gained on principal adds $1,481/yr, and five-year appreciation sums $63,407 alongside rental yield of 10.32%. Five-year ROI measures 141.57% and total cumulative return in cash totals $107,706.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,973/mo property income versus a $1,123/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1987
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34450, Inverness, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,538 (100%) |
| Owner Occupied HU | 4,512 (69.0%) |
| Renter Occupied HU | 1,078 (16.5%) |
| Vacant Housing Units | 948 (14.5%) |
| Median Home Value | $246,358 |
| Average Home Value | $277,330 |
Housing Distribution
Address Breakdown
Residential
5,938
Single Family
5,867
Multi-Family
71
Businesses
378
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