1107 Carmichael PlDoverFL33527
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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 Dover at 1107 Carmichael Pl, Dover, FL, 33527 listed at $189,900 pairs $1,478/mo rent with a $929/mo payment to leave $218/mo cash flow. Total monthly income runs $1,478/mo, and annual cash flow reaches $2,619/yr on $62,952 cash to close. Return on cash invested measures 24.07% in year one, and rental yield registers 9.34% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 125.8% and total cumulative return in cash totals $79,193. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,478/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1993
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33527, Dover, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,035 (100%) |
| Owner Occupied HU | 4,371 (72.4%) |
| Renter Occupied HU | 1,218 (20.2%) |
| Vacant Housing Units | 446 ( 7.4%) |
| Median Home Value | $478,374 |
| Average Home Value | $542,939 |
Housing Distribution
Address Breakdown
Residential
4,959
Single Family
4,843
Multi-Family
116
Businesses
289
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