1616 Groveline RdSaint CloudFL34771
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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 Saint Cloud at 1616 Groveline Rd, Saint Cloud, FL, 34771 earns $102/mo cash flow from $3,082/mo rent with a $2,198/mo payment. Total monthly income totals $3,082/mo, and annual cash flow totals $1,224/yr on $148,844 capital. ROI tracks 20.73% on current figures, and rental yield reads 8.24% at a $449,000 purchase. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 over five years. Five-year ROI reaches 107.83% and total cumulative return in cash sums $160,504. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,082/mo property income instead of your personal income.
Single Family
Built in 2023
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34771, Saint Cloud, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,721 (100%) |
| Owner Occupied HU | 13,479 (85.7%) |
| Renter Occupied HU | 1,028 ( 6.5%) |
| Vacant Housing Units | 1,214 ( 7.7%) |
| Median Home Value | $458,820 |
| Average Home Value | $507,265 |
Housing Distribution
Address Breakdown
Residential
14,634
Single Family
13,406
Multi-Family
1,228
Businesses
315
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Listed by: Jeanine Corcoran • Corcoran Connect LLC
Mls Name: Space Coast AOR
Mls ID: #1065062