923 Russell AveInvernessFL34453
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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 923 Russell Ave, Inverness, FL, 34453 priced at $209,500 pairs $1,659/mo rent with $251/mo cash flow after a $1,025/mo payment. Total monthly income equals $1,659/mo, and annual cash flow comes to $3,009/yr on $69,449 invested. Return on cash invested is 24.24% in year one, and rental yield stands at 9.5% on a $209,500 basis. Equity gained on principal adds $1,352/yr, and 5% annual appreciation accumulates to $57,881 by year five. Five-year ROI measures 126.78% and total cumulative return in cash reaches $88,047. For financing, Ziffy Mortgage’s DSCR program evaluates $1,659/mo property income against a $1,025/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
0.32 Acres 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: George L'Heureux • Curb Appeal Realty
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #844200
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