9249 Northcliffe BlvdSpring HillFL34606
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Spring Hill at 9249 Northcliffe Blvd, Spring Hill, FL, 34606 uses $65,969 cash to close to unlock $7,217/yr annual cash flow and $601/mo monthly cash flow. Total monthly income runs $1,922/mo, and a $974/mo payment keeps the spread at $601/mo. Purchase price stands at $199,000, and rental yield measures 11.59% with $1,922/mo rent. Return on cash invested shows 30.85% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 162.14% and total cumulative return in cash records $106,962. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,922/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1980
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34606, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,337 (100%) |
| Owner Occupied HU | 10,033 (70.0%) |
| Renter Occupied HU | 2,922 (20.4%) |
| Vacant Housing Units | 1,382 ( 9.6%) |
| Median Home Value | $275,582 |
| Average Home Value | $306,361 |
Housing Distribution
Address Breakdown
Residential
13,490
Single Family
13,457
Multi-Family
33
Businesses
836
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tracie Maler • Keller Williams-Elite Partners
Mls Name: Realtors Association of Citrus County
Mls ID: #849695