1550 Mermaid 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
Investment property for sale in Haines City at 1550 Mermaid Way, Haines City, FL, 33844 offers a 10.51% rental yield on a $352,870 purchase with $3,090/mo rent. Total monthly income registers $3,090/mo, and a $1,727/mo payment leaves $699/mo available for distribution. Annual cash flow reaches $8,393/yr on $116,976 to close, and return on cash invested stands at 27.08% in year one. Equity gained on principal adds $2,277/yr while 5% annual appreciation supports $97,491 over five years. Portfolio math shows five-year ROI at 142.1% and total cumulative return in cash at $166,227. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,090/mo property income against a $1,727/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,116 sqft lot
$N/A/sqft
$49 monthly 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: Edegar Pinto • KARDOSH REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6276041
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