1878 Avenue Q SW #1878Winter 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
Rental property for sale in Winter Haven at 1878 Avenue Q SW #1878, Winter Haven, FL, 33880 generates $1,055/mo in rent, after a $636/mo payment. Total monthly income is $1,055/mo. Return on cash invested sits at 16.92% in year one, and rental yield is 9.75% on a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 90.47% and total cumulative return in cash sums $38,959. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,055/mo property income rather than buyer’s personal income.
Condo
Built in 1981
484 sqft lot
$N/A/sqft
$300 monthly 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: Mitch Harris • LOCKHART & ASSOCIATES INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #P4932200
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511