LOT 16 Indian Estates Cres #423, Lake Panasoffkee, FL, 33538 | $497/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lake Panasoffkee at LOT 16 Indian Estates Cres #423, Lake Panasoffkee, FL, 33538 offers a 10.63% rental yield on a $223,500 purchase with $1,980/mo rent. Total monthly income registers $1,980/mo, and a $1,094/mo payment leaves $497/mo available for distribution. Annual cash flow reaches $5,961/yr on $74,090 to close, and return on cash invested stands at 27.95% in year one. Equity gained on principal adds $1,442/yr while 5% annual appreciation supports $61,749 over five years. Portfolio math shows five-year ROI at 146.57% and total cumulative return in cash at $108,594. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,980/mo property income against a $1,094/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

0.38 Acres lot

$N/A/sqft

No 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