115 Marjorie AveAuburndaleFL33823
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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 Auburndale at 115 Marjorie Ave, Auburndale, FL, 33823 offers $1,572/mo rent that, after a $905/mo payment, leaves $345/mo cash flow. Total monthly income is $1,572/mo, and annual cash flow is $4,137/yr on $61,328 cash. Return on cash invested measures 26.66% in year one, and rental yield stands at 10.2% at a $185,000 entry. Equity gained on principal adds $1,194/yr while 5% annual appreciation compounds into $51,112 by year five. Five-year ROI records 139.62% and total cumulative return in cash reaches $85,623. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,572/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
9,845 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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Nearby investment properties with comparable prices
Listed by: Connie Gabriel • CREATIVE FLORIDA REALTY
Mls Name: Stellar MLS
Mls ID: #TB8385816