204 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
Investment property for sale in Auburndale at 204 Herbert St, Auburndale, FL, 33823 with 5% annual appreciation on a $139,000 basis while $1,096/mo rent supports operations. Total monthly income totals $1,096/mo and a $680/mo payment preserves $174/mo for cash returns. Annual cash flow comes to $2,087/yr on $46,079 deployed, and return on cash invested reaches 24.44% in year one. Equity gained on principal adds $897/yr, and five-year appreciation sums $38,403 alongside rental yield of 9.46%. Five-year ROI measures 127.7% and total cumulative return in cash totals $58,844.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,096/mo property income versus a $680/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2006
9,984 sqft 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: Chris Davies • LINCOLN MADISON REAL ESTATE LLC
Mls Name: Stellar MLS
Mls ID: #P4936874