120 Clearwater CtPolk CityFL33868
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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 Polk City at 120 Clearwater Ct, Polk City, FL, 33868 uses $74,554 cash to close to unlock $8,740/yr annual cash flow and $728/mo monthly cash flow. Total monthly income runs $2,221/mo, and a $1,101/mo payment keeps the spread at $728/mo. Purchase price stands at $224,900, and rental yield measures 11.85% with $2,221/mo rent. Return on cash invested shows 31.63% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 166.33% and total cumulative return in cash records $124,009. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,221/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Manufactured
Built in 1991
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33868, Polk City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,455 (100%) |
| Owner Occupied HU | 4,110 (75.3%) |
| Renter Occupied HU | 673 (12.3%) |
| Vacant Housing Units | 672 (12.3%) |
| Median Home Value | $285,309 |
| Average Home Value | $334,063 |
Housing Distribution
Address Breakdown
Residential
5,227
Single Family
5,198
Multi-Family
29
Businesses
190
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