1884 S Lake Reedy BlvdFrostproofFL33843
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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 Frostproof at 1884 S Lake Reedy Blvd, Frostproof, FL, 33843 offers $2,107/mo rent that, after a $2,100/mo payment. Total monthly income is $2,107/mo. Return on cash invested measures 13.66% in year one, and rental yield stands at 5.89% at a $429,000 entry. Equity gained on principal adds $2,768/yr while 5% annual appreciation compounds into $118,525 by year five. Five-year ROI records 69.93% and total cumulative return in cash reaches $99,457. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,107/mo property income versus a $2,100/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2022
5.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33843, Frostproof, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,323 (100%) |
| Owner Occupied HU | 3,555 (56.2%) |
| Renter Occupied HU | 1,006 (15.9%) |
| Vacant Housing Units | 1,762 (27.9%) |
| Median Home Value | $151,901 |
| Average Home Value | $217,172 |
Housing Distribution
Address Breakdown
Residential
5,755
Single Family
5,504
Multi-Family
251
Businesses
267
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Listed by: Warren C Wise, JR • 1513 Realty
Mls Name: HFMLS
Mls ID: #306628