1599 Avenue E NEWinter HavenFL33881
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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 Winter Haven at 1599 Avenue E NE, Winter Haven, FL, 33881 offers a 8.49% rental yield on a $374,900 purchase with $2,653/mo rent. Total monthly income registers $2,653/mo, and a $1,835/mo payment leaves $165/mo available for distribution. Annual cash flow reaches $1,981/yr on $124,279 to close, and return on cash invested stands at 21.5% in year one. Equity gained on principal adds $2,419/yr while 5% annual appreciation supports $103,578 over five years. Portfolio math shows five-year ROI at 112% and total cumulative return in cash at $139,195. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,653/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33881, Winter Haven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,487 (100%) |
| Owner Occupied HU | 11,896 (61.0%) |
| Renter Occupied HU | 5,104 (26.2%) |
| Vacant Housing Units | 2,487 (12.8%) |
| Median Home Value | $242,590 |
| Average Home Value | $269,782 |
Housing Distribution
Address Breakdown
Residential
18,922
Single Family
17,184
Multi-Family
1,738
Businesses
828
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Listed by: Jason Stone • BHHS FLORIDA PROPERTIES GROUP
Mls Name: Stellar MLS
Mls ID: #L4958390