9450 NE 306th CtSalt SpringsFL32134
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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 Salt Springs at 9450 NE 306th Ct, Salt Springs, FL, 32134 offers a 8.54% rental yield on a $210,000 purchase with $1,495/mo rent. Total monthly income registers $1,495/mo, and a $1,028/mo payment leaves $101/mo available for distribution. Annual cash flow reaches $1,215/yr on $69,615 to close, and return on cash invested stands at 21.65% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 112.84% and total cumulative return in cash at $78,556. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,495/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32134, Fort Mc Coy, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,488 (100%) |
| Owner Occupied HU | 3,095 (56.4%) |
| Renter Occupied HU | 513 ( 9.3%) |
| Vacant Housing Units | 1,880 (34.3%) |
| Median Home Value | $179,058 |
| Average Home Value | $242,406 |
Housing Distribution
Address Breakdown
Residential
4,173
Single Family
4,173
Multi-Family
0
Businesses
118
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Listed by: Steven Myers • LAKE WEIR REALTY
Mls Name: Stellar MLS
Mls ID: #OM710199