1255 Warmwood DrGrand IslandFL32735
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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 Grand Island at 1255 Warmwood Dr, Grand Island, FL, 32735 priced at $114,900 pairs $913/mo rent with $151/mo cash flow after a $562/mo payment. Total monthly income equals $913/mo, and annual cash flow comes to $1,811/yr on $38,089 invested. Return on cash invested is 24.66% in year one, and rental yield stands at 9.54% on a $114,900 basis. Equity gained on principal adds $741/yr, and 5% annual appreciation accumulates to $31,745 by year five. Five-year ROI measures 128.92% and total cumulative return in cash reaches $49,106. For financing, Ziffy Mortgage’s DSCR program evaluates $913/mo property income against a $562/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32735, Grand Island, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,664 (100%) |
| Owner Occupied HU | 2,193 (82.3%) |
| Renter Occupied HU | 308 (11.6%) |
| Vacant Housing Units | 163 ( 6.1%) |
| Median Home Value | $360,988 |
| Average Home Value | $482,739 |
Housing Distribution
Address Breakdown
Residential
2,517
Single Family
2,244
Multi-Family
273
Businesses
51
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Listed by: Jeff Evans • Down Home Realty
Mls Name: My State MLS
Mls ID: #11590275