Spirit Plan, Mirror Lake VillageFruitland ParkFL34731
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fruitland Park at Spirit Plan, Mirror Lake Village, Fruitland Park, FL, 34731 priced at $346,990 converts $2,411/mo rent into $54/mo cash flow after a $1,698/mo obligation. Total monthly income equals $2,411/mo, and annual cash flow totals $644/yr on $115,027 invested. Return on cash invested prints 20.47% in year one, and rental yield reads 8.34% against a $346,990 entry. Equity gained on principal adds $2,239/yr, while 5% annual appreciation compiles into $95,867 by year five. Five-year ROI reaches 106.64% and total cumulative return in cash sums $122,669. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,411/mo property income covering a $1,698/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
$55 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34731, Fruitland Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,958 (100%) |
| Owner Occupied HU | 4,261 (71.5%) |
| Renter Occupied HU | 999 (16.8%) |
| Vacant Housing Units | 698 (11.7%) |
| Median Home Value | $293,991 |
| Average Home Value | $326,186 |
Housing Distribution
Address Breakdown
Residential
5,598
Single Family
5,187
Multi-Family
411
Businesses
322
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Listed by: N/A • Park Square Homes
Mls Name: Park Square Homes
Mls ID: #N/A