203 Herbert StAuburndaleFL33823
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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 Auburndale at 203 Herbert St, Auburndale, FL, 33823 generates $1,727/mo in rent and, after a $1,101/mo payment, leaves $234/mo in cash flow. Total monthly income is $1,727/mo, and annual cash flow is $2,810/yr on $74,584 invested. Return on cash invested sits at 23.68% in year one, and rental yield is 9.21% on a $224,990 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,161 over five years. Five-year ROI reaches 123.69% and total cumulative return in cash sums $92,250. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,727/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33823, Auburndale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,100 (100%) |
| Owner Occupied HU | 10,984 (68.2%) |
| Renter Occupied HU | 3,630 (22.5%) |
| Vacant Housing Units | 1,486 ( 9.2%) |
| Median Home Value | $317,933 |
| Average Home Value | $323,289 |
Housing Distribution
Address Breakdown
Residential
15,339
Single Family
15,047
Multi-Family
292
Businesses
969
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Listed by: Devin Lofton • EXP REALTY LLC
Mls Name: Stellar MLS
Mls ID: #O6339458