9302 E Redwood PlInvernessFL34450
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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 9302 E Redwood Pl, Inverness, FL, 34450 listed at $249,900 pairs $1,615/mo rent with a $1,223/mo payment. Total monthly income runs $1,615/mo. Return on cash invested measures 19.28% in year one, and rental yield registers 7.76% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 100.08% and total cumulative return in cash totals $82,910. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,615/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
0.34 Acres 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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Listed by: Dawn Wright • Tropic Shores Realty
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #839274
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