124 5th Wahneta St WWinter havenFL33880
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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 Winter haven at 124 5th Wahneta St W, Winter haven, FL, 33880 generates $1,324/mo in rent, after a $1,126/mo payment. Total monthly income is $1,324/mo. Return on cash invested sits at 16.72% in year one, and rental yield is 6.91% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 86.35% and total cumulative return in cash sums $65,839. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,324/mo property income rather than buyer’s personal income.
Manufactured
Built in 1986
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33880, Winter Haven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,566 (100%) |
| Owner Occupied HU | 11,323 (61.0%) |
| Renter Occupied HU | 5,760 (31.0%) |
| Vacant Housing Units | 1,483 ( 8.0%) |
| Median Home Value | $311,728 |
| Average Home Value | $363,093 |
Housing Distribution
Address Breakdown
Residential
17,386
Single Family
15,032
Multi-Family
2,354
Businesses
1,341
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Listed by: Elizabeth Olivares • TRANSCONTINENTAL REALTY GROUP,
Mls Name: Stellar MLS
Mls ID: #S5136645