10 Hay StAlvaFL33920
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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 Alva at 10 Hay St, Alva, FL, 33920 priced at $132,000 pairs $1,034/mo rent with $158/mo cash flow after a $646/mo payment. Total monthly income equals $1,034/mo, and annual cash flow comes to $1,897/yr on $43,758 invested. Return on cash invested is 24.24% in year one, and rental yield stands at 9.4% on a $132,000 basis. Equity gained on principal adds $852/yr, and 5% annual appreciation accumulates to $36,469 by year five. Five-year ROI measures 126.79% and total cumulative return in cash reaches $55,483. For financing, Ziffy Mortgage’s DSCR program evaluates $1,034/mo property income against a $646/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1980
4,704 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33920, Alva, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,574 (100%) |
| Owner Occupied HU | 2,800 (78.3%) |
| Renter Occupied HU | 342 ( 9.6%) |
| Vacant Housing Units | 432 (12.1%) |
| Median Home Value | $518,293 |
| Average Home Value | $634,313 |
Housing Distribution
Address Breakdown
Residential
4,026
Single Family
3,831
Multi-Family
195
Businesses
167
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