116 King DrWinter HavenFL33884
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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 Winter Haven at 116 King Dr, Winter Haven, FL, 33884 offers a 17.29% rental yield on a $125,000 purchase with $1,801/mo rent. Total monthly income registers $1,801/mo, and a $612/mo payment leaves $971/mo available for distribution. Annual cash flow reaches $11,655/yr on $41,438 to close, and return on cash invested stands at 48.04% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 254.36% and total cumulative return in cash at $105,401. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,801/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33884, Winter Haven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,430 (100%) |
| Owner Occupied HU | 11,886 (64.5%) |
| Renter Occupied HU | 4,131 (22.4%) |
| Vacant Housing Units | 2,413 (13.1%) |
| Median Home Value | $350,072 |
| Average Home Value | $379,465 |
Housing Distribution
Address Breakdown
Residential
16,544
Single Family
13,762
Multi-Family
2,782
Businesses
549
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Listed by: Tammy Barnhart • Renee's Resales
Mls Name: My State MLS
Mls ID: #11336609