114 Auburn RdAuburndaleFL33823
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
Rental property for sale in Auburndale at 114 Auburn Rd, Auburndale, FL, 33823 priced at $359,900 converts $2,857/mo rent into $468/mo cash flow after a $1,762/mo obligation. Total monthly income equals $2,857/mo, and annual cash flow totals $5,618/yr on $119,307 invested. Return on cash invested prints 24.62% in year one, and rental yield reads 9.53% against a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation compiles into $99,434 by year five. Five-year ROI reaches 128.71% and total cumulative return in cash sums $153,554. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,857/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Multi Family
Built in 1951
6,739 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33823, Auburndale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,100 (100%) |
| Owner Occupied HU | 10,984 (68.2%) |
| Renter Occupied HU | 3,630 (22.5%) |
| Vacant Housing Units | 1,486 ( 9.2%) |
| Median Home Value | $317,933 |
| Average Home Value | $323,289 |
Housing Distribution
Address Breakdown
Residential
15,339
Single Family
15,047
Multi-Family
292
Businesses
969
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Listed by: Matt Mesimer • KELLER WILLIAMS REALTY SMART 1
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4944573
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511