12415 Hitching StOdessaFL33556
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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 Odessa at 12415 Hitching St, Odessa, FL, 33556 uses $130,120 cash to close to unlock $32,260/yr annual cash flow and $2,688/mo monthly cash flow. Total monthly income runs $5,293/mo, and a $1,921/mo payment keeps the spread at $2,688/mo. Purchase price stands at $392,519, and rental yield measures 16.18% with $5,293/mo rent. Return on cash invested shows 44.7% in year one, and 5% annual appreciation builds toward $108,446 over five years. Five-year ROI reaches 236.39% and total cumulative return in cash records $307,591. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,293/mo property income covering a $1,921/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33556, Odessa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,814 (100%) |
| Owner Occupied HU | 11,715 (79.1%) |
| Renter Occupied HU | 1,911 (12.9%) |
| Vacant Housing Units | 1,188 ( 8.0%) |
| Median Home Value | $616,653 |
| Average Home Value | $692,848 |
Housing Distribution
Address Breakdown
Residential
14,720
Single Family
12,906
Multi-Family
1,814
Businesses
854
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