915 N Independence HighwayInvernessFL34453
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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
Rental property for sale in Inverness at 915 N Independence Highway, Inverness, FL, 34453 priced at $155,000 converts $1,626/mo rent into $597/mo cash flow after a $759/mo obligation. Total monthly income equals $1,626/mo, and annual cash flow totals $7,164/yr on $51,383 invested. Return on cash invested prints 33.85% in year one, and rental yield reads 12.59% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 178.32% and total cumulative return in cash sums $91,624. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,626/mo property income covering a $759/mo payment, not borrower’s personal income.
Single Family
Built in 2004
10,320 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34453, Inverness, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,867 (100%) |
| Owner Occupied HU | 4,088 (69.7%) |
| Renter Occupied HU | 1,043 (17.8%) |
| Vacant Housing Units | 736 (12.5%) |
| Median Home Value | $208,612 |
| Average Home Value | $259,683 |
Housing Distribution
Address Breakdown
Residential
5,783
Single Family
5,655
Multi-Family
128
Businesses
368
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Listed by: Dustin Cook • The Keyes Company
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11096386
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.