102 SE 6th AveMulberryFL33860
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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 Mulberry at 102 SE 6th Ave, Mulberry, FL, 33860 offers $820/mo rent that, after a $514/mo payment, leaves $123/mo cash flow. Total monthly income is $820/mo, and annual cash flow is $1,477/yr on $34,808 cash. Return on cash invested measures 24.15% in year one, and rental yield stands at 9.37% at a $105,000 entry. Equity gained on principal adds $678/yr while 5% annual appreciation compounds into $29,010 by year five. Five-year ROI records 126.32% and total cumulative return in cash reaches $43,970. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $820/mo property income versus a $514/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
5,550 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33860, Mulberry, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,480 (100%) |
| Owner Occupied HU | 6,718 (70.9%) |
| Renter Occupied HU | 2,110 (22.3%) |
| Vacant Housing Units | 652 ( 6.9%) |
| Median Home Value | $267,254 |
| Average Home Value | $277,206 |
Housing Distribution
Address Breakdown
Residential
9,115
Single Family
8,823
Multi-Family
292
Businesses
474
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