1519 Wax Myrtle WayHaines CityFL33844
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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 Haines City at 1519 Wax Myrtle Way, Haines City, FL, 33844 generates $2,576/mo in rent and, after a $1,708/mo payment, leaves $260/mo in cash flow. Total monthly income is $2,576/mo, and annual cash flow is $3,122/yr on $115,694 invested. Return on cash invested sits at 22.61% in year one, and rental yield is 8.86% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 117.92% and total cumulative return in cash sums $136,428. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,576/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
5,719 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33844, Haines City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,433 (100%) |
| Owner Occupied HU | 16,617 (65.3%) |
| Renter Occupied HU | 4,501 (17.7%) |
| Vacant Housing Units | 4,315 (17.0%) |
| Median Home Value | $312,704 |
| Average Home Value | $336,142 |
Housing Distribution
Address Breakdown
Residential
22,302
Single Family
21,043
Multi-Family
1,259
Businesses
771
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Listed by: Ivette Rico, PLLC • RE/MAX SELECT GROUP
Mls Name: Stellar MLS
Mls ID: #O6374725