9974 Bright Water DrEnglewoodFL34223
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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 Englewood at 9974 Bright Water Dr, Englewood, FL, 34223 generates $3,307/mo in rent and, after a $2,198/mo payment, leaves $327/mo in cash flow. Total monthly income is $3,307/mo, and annual cash flow is $3,924/yr on $148,844 invested. Return on cash invested sits at 22.55% in year one, and rental yield is 8.84% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 117.56% and total cumulative return in cash sums $174,988. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,307/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
4,278 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34223, Englewood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,549 (100%) |
| Owner Occupied HU | 10,404 (62.9%) |
| Renter Occupied HU | 1,637 ( 9.9%) |
| Vacant Housing Units | 4,508 (27.2%) |
| Median Home Value | $546,059 |
| Average Home Value | $631,986 |
Housing Distribution
Address Breakdown
Residential
13,691
Single Family
11,537
Multi-Family
2,154
Businesses
636
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