156 Paradise LnAuburndaleFL33823
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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 Auburndale at 156 Paradise Ln, Auburndale, FL, 33823 uses $56,322 cash to close to unlock $3,901/yr annual cash flow and $325/mo monthly cash flow. Total monthly income runs $1,453/mo, and a $832/mo payment keeps the spread at $325/mo. Purchase price stands at $169,900, and rental yield measures 10.26% with $1,453/mo rent. Return on cash invested shows 26.84% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 140.64% and total cumulative return in cash records $79,214. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,453/mo property income covering a $832/mo payment rather than investor’s personal income.
Manufactured
Built in 1972
5,584 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33823, Auburndale, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
15,339
Single Family
15,047
Multi-Family
292
Businesses
969
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Listed by: Denise Spears • CENTURY 21 MYERS REALTY
Mls Name: Stellar MLS
Mls ID: #P4937347