990 Pritchard Island RdInvernessFL34450
Nearby investment properties with comparable rents
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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 Inverness at 990 Pritchard Island Rd, Inverness, FL, 34450 offers $2,083/mo rent that, after a $1,498/mo payment. Total monthly income is $2,083/mo. Return on cash invested measures 16.15% in year one, and rental yield stands at 8.17% at a $306,000 entry. Equity gained on principal adds $1,975/yr while 5% annual appreciation compounds into $84,542 by year five. Five-year ROI records 84.88% and total cumulative return in cash reaches $86,100. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,083/mo property income versus a $1,498/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
1,742 sqft lot
$N/A/sqft
$190 monthly 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: Margaret "Peggy" C Clark • Top Performance Real Est. Cons
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #839569
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.