16521 Goldenrod Ln UNIT 202AlvaFL33920
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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 16521 Goldenrod Ln UNIT 202, Alva, FL, 33920 listed at $324,900 pairs $4,594/mo rent with a $1,590/mo payment to leave $985/mo cash flow. Total monthly income runs $4,594/mo, and annual cash flow reaches $11,826/yr on $107,704 cash to close. Return on cash invested measures 30.89% in year one, and rental yield registers 16.97% at a $324,900 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,764 by year five. Five-year ROI tracks 168.19% and total cumulative return in cash totals $181,145. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,594/mo property income relative to a $1,590/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2007
N/A lot
$N/A/sqft
$14,716 annually 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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Listed by: Jonathan Stuart • Realty One Group MVP
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224047113
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.