16221 Bacopa 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
Rental property for sale in Alva at 16221 Bacopa Dr, Alva, FL, 33920 generates $2,815/mo in rent and, after a $1,786/mo payment, leaves $393/mo in cash flow. Total monthly income is $2,815/mo, and annual cash flow is $4,719/yr on $120,998 invested. Return on cash invested sits at 23.81% in year one, and rental yield is 9.25% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 124.36% and total cumulative return in cash sums $150,475. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,815/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
10,206 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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