16040 Herons View 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 16040 Herons View Dr, Alva, FL, 33920 earns $354/mo cash flow from $3,397/mo rent with a $1,878/mo payment. Total monthly income totals $3,397/mo, and annual cash flow totals $4,249/yr on $127,163 capital. ROI tracks 23.25% on current figures, and rental yield reads 10.63% at a $383,600 purchase. Equity gained on principal adds $2,475/yr, and 5% annual appreciation supports $105,982 over five years. Five-year ROI reaches 123.08% and total cumulative return in cash sums $156,507. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,397/mo property income instead of your personal income.
Single Family
Built in 2007
0.28 Acres lot
$N/A/sqft
$141 monthly 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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