1000 Cody Cove RdBabson ParkFL33827
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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
Investment property for sale in Babson Park at 1000 Cody Cove Rd, Babson Park, FL, 33827 offers a 7.32% rental yield on a $294,900 purchase with $1,800/mo rent. 99% in year one. Equity gained on principal adds $1,903/yr while 5% annual appreciation supports $81,475 over five years. Portfolio math shows five-year ROI at 93.15% and total cumulative return in cash at $91,063. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $1,443/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33827, Babson Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,228 (100%) |
| Owner Occupied HU | 782 (63.7%) |
| Renter Occupied HU | 209 (17.0%) |
| Vacant Housing Units | 237 (19.3%) |
| Median Home Value | $220,833 |
| Average Home Value | $256,400 |
Housing Distribution
Address Breakdown
Residential
1,182
Single Family
1,182
Multi-Family
0
Businesses
76
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Listed by: Michelle Heath • CENTURY 21 MYERS REALTY LAKE WALES
Mls Name: Stellar MLS
Mls ID: #P4937244