16006 Mistflower DrAlvaFL33920
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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 Alva at 16006 Mistflower Dr, Alva, FL, 33920 uses $117,683 cash to close to unlock $297/yr annual cash flow and $25/mo monthly cash flow. Total monthly income runs $2,381/mo, and a $1,738/mo payment keeps the spread at $25/mo. Purchase price stands at $355,000, and rental yield measures 8.05% with $2,381/mo rent. Return on cash invested shows 20.16% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 104.78% and total cumulative return in cash records $123,312. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,381/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Single Family
Built in 2018
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33920, Alva, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,574 (100%) |
| Owner Occupied HU | 2,800 (78.3%) |
| Renter Occupied HU | 342 ( 9.6%) |
| Vacant Housing Units | 432 (12.1%) |
| Median Home Value | $518,293 |
| Average Home Value | $634,313 |
Housing Distribution
Address Breakdown
Residential
4,026
Single Family
3,831
Multi-Family
195
Businesses
167
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