1776 6th St NW APT 409Winter HavenFL33880
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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 Winter Haven at 1776 6th St NW APT 409, Winter Haven, FL, 33880 listed at $124,900 pairs $955/mo rent with a $611/mo payment to leave $126/mo cash flow. Total monthly income runs $955/mo, and annual cash flow reaches $1,518/yr on $41,404 cash to close. Return on cash invested measures 23.57% in year one, and rental yield registers 9.18% at a $124,900 basis. Equity gained on principal adds $806/yr, and annual property appreciation at 5% supports $34,508 by year five. Five-year ROI tracks 123.14% and total cumulative return in cash totals $50,986. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $955/mo property income relative to a $611/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
165 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33880, Winter Haven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,566 (100%) |
| Owner Occupied HU | 11,323 (61.0%) |
| Renter Occupied HU | 5,760 (31.0%) |
| Vacant Housing Units | 1,483 ( 8.0%) |
| Median Home Value | $311,728 |
| Average Home Value | $363,093 |
Housing Distribution
Address Breakdown
Residential
17,386
Single Family
15,032
Multi-Family
2,354
Businesses
1,341
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Listed by: Chris Goode • JUDY B CLEAVES PROPERTIES INC
Mls Name: Stellar MLS
Mls ID: #P4936660