16570 Goldenrod Ln UNIT 203AlvaFL33920
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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 16570 Goldenrod Ln UNIT 203, Alva, FL, 33920 earns from $1,820/mo rent with a $1,317/mo payment. Total monthly income totals $1,820/mo. ROI tracks 2.05% on current figures, and rental yield reads 8.12% at a $269,000 purchase. Equity gained on principal adds $1,736/yr, and 5% annual appreciation supports $74,320 over five years. Five-year ROI reaches 14.37% and total cumulative return in cash sums $12,815. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,820/mo property income instead of your personal income.
Condo
Built in 2006
8,202 sqft lot
$N/A/sqft
$14,488 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: Teresa Garella • Decatur Real Estate Group
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225030549
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 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.