Clearpoint Plan, Deer Island | OLO BuildersTavaresFL32778
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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 Tavares at Clearpoint Plan, Deer Island | OLO Builders, Tavares, FL, 32778 priced at $599,500 pairs $2,940/mo rent with after a $2,934/mo payment. Total monthly income equals $2,940/mo. Return on cash invested is 13.74% in year one, and rental yield stands at 5.88% on a $599,500 basis. Equity gained on principal adds $3,868/yr, and 5% annual appreciation accumulates to $165,631 by year five. Five-year ROI measures 70.34% and total cumulative return in cash reaches $138,731. For financing, Ziffy Mortgage’s DSCR program evaluates $2,940/mo property income against a $2,934/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32778, Tavares, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,282 (100%) |
| Owner Occupied HU | 9,028 (68.0%) |
| Renter Occupied HU | 2,520 (19.0%) |
| Vacant Housing Units | 1,734 (13.1%) |
| Median Home Value | $290,642 |
| Average Home Value | $332,532 |
Housing Distribution
Address Breakdown
Residential
12,348
Single Family
10,449
Multi-Family
1,899
Businesses
945
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