9304 E Alvada LnInvernessFL34450
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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 9304 E Alvada Ln, Inverness, FL, 34450 earns $802/mo cash flow from $2,276/mo rent with a $1,087/mo payment. Total monthly income totals $2,276/mo, and annual cash flow totals $9,628/yr on $73,593 capital. ROI tracks 32.99% on current figures, and rental yield reads 12.3% at a $222,000 purchase. Equity gained on principal adds $1,433/yr, and 5% annual appreciation supports $61,335 over five years. Five-year ROI reaches 173.63% and total cumulative return in cash sums $127,779. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,276/mo property income instead of your personal income.
Single Family
Built in 1991
0.26 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: Katie Hensley • Sellstate Next Generation Real
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #844424
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.