975 County Road 461Lake PanasoffkeeFL33538
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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 Lake Panasoffkee at 975 County Road 461, Lake Panasoffkee, FL, 33538 generates $1,219/mo in rent and, after a $758/mo payment, leaves $180/mo in cash flow. Total monthly income is $1,219/mo, and annual cash flow is $2,163/yr on $51,349 invested. Return on cash invested sits at 24.12% in year one, and rental yield is 9.44% on a $154,900 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 126.21% and total cumulative return in cash sums $64,808. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,219/mo property income rather than buyer’s personal income.
Manufactured
Built in 1970
4,881 sqft lot
$N/A/sqft
$11 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33538, Lake Panasoffkee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,984 (100%) |
| Owner Occupied HU | 1,740 (58.3%) |
| Renter Occupied HU | 554 (18.6%) |
| Vacant Housing Units | 690 (23.1%) |
| Median Home Value | $163,971 |
| Average Home Value | $220,272 |
Housing Distribution
Address Breakdown
Residential
2,271
Single Family
2,271
Multi-Family
0
Businesses
110
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Listed by: Joel Merritt • SUMTER REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #G5090727
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511