204 OLEANDER StreetPomona ParkFL32181
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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 Pomona Park at 204 OLEANDER Street, Pomona Park, FL, 32181 priced at $189,000 converts $1,306/mo rent into $52/mo cash flow after a $925/mo obligation. Total monthly income equals $1,306/mo, and annual cash flow totals $622/yr on $62,654 invested. Return on cash invested prints 20.9% in year one, and rental yield reads 8.29% against a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation compiles into $52,217 by year five. Five-year ROI reaches 108.77% and total cumulative return in cash sums $68,146. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,306/mo property income covering a $925/mo payment, not borrower’s personal income.
Manufactured
Built in 1978
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32181, Pomona Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,454 (100%) |
| Owner Occupied HU | 909 (62.5%) |
| Renter Occupied HU | 182 (12.5%) |
| Vacant Housing Units | 363 (25.0%) |
| Median Home Value | $199,519 |
| Average Home Value | $294,268 |
Housing Distribution
Address Breakdown
Residential
1,144
Single Family
1,144
Multi-Family
0
Businesses
47
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Listed by: KAREN ELAINE PLATT • FLORIDA HOMES REALTY & MTG LLC
Mls Name: realMLS
Mls Provider:
Mls ID: #2048074
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. Data is deemed reliable but is not guaranteed accurate by realMLS.