








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Auburndale at 1508 Otter Woods Ln, Auburndale, FL, 33823 priced at $430,265 converts $3,211/mo rent into $256/mo cash flow after a $2,106/mo obligation. Total monthly income equals $3,211/mo, and annual cash flow totals $3,067/yr on $142,633 invested. Return on cash invested prints 22.06% in year one, and rental yield reads 8.96% against a $430,265 entry. Equity gained on principal adds $2,776/yr, while 5% annual appreciation compiles into $118,874 by year five. Five-year ROI reaches 115.27% and total cumulative return in cash sums $164,414. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,211/mo property income covering a $2,106/mo payment, not borrower’s personal income.
Single Family
Built in 2024
10,498 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood data shown for ZIP Code: 33823, Auburndale, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,100 (100%) |
| Owner Occupied HU | 10,984 (68.2%) |
| Renter Occupied HU | 3,630 (22.5%) |
| Vacant Housing Units | 1,486 ( 9.2%) |
| Median Home Value | $317,933 |
| Average Home Value | $323,289 |
Residential
15,339
Single Family
15,047
Multi-Family
292
Businesses
969
Date | Event | Price |
|---|---|---|
| 2024-10-29 | Price change | $430,265 |
| 2024-07-16 | Price change | $435,265 |
| 2024-05-15 | Listed for sale | $445,265 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-19 | $794.35 | 2574.58% | $48,000 | 2596.63% |
| 2022-11-19 | $29.70 | N/A | $1,780 | N/A |



Listed by: George Lindsey, III • CAMBRIDGE REALTY OF CENTRAL FL
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4944795
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511