Spruce Plan, WaterstoneGrovelandFL34736
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
Investment property for sale in Groveland at Spruce Plan, Waterstone, Groveland, FL, 34736 uses $113,042 cash to close to unlock $4,525/yr annual cash flow and $377/mo monthly cash flow. Total monthly income runs $2,640/mo, and a $1,669/mo payment keeps the spread at $377/mo. Purchase price stands at $341,000, and rental yield measures 9.29% with $2,640/mo rent. Return on cash invested shows 23.91% in year one, and 5% annual appreciation builds toward $94,212 over five years. Five-year ROI reaches 124.92% and total cumulative return in cash records $141,212. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $1,669/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34736, Groveland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,513 (100%) |
| Owner Occupied HU | 10,130 (81.0%) |
| Renter Occupied HU | 1,480 (11.8%) |
| Vacant Housing Units | 903 ( 7.2%) |
| Median Home Value | $388,854 |
| Average Home Value | $424,666 |
Housing Distribution
Address Breakdown
Residential
10,737
Single Family
9,856
Multi-Family
881
Businesses
457
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
