2115 Bailey RdMulberryFL33860
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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 Mulberry at 2115 Bailey Rd, Mulberry, FL, 33860 uses $46,410 cash to close to unlock $2,150/yr annual cash flow and $179/mo monthly cash flow. Total monthly income runs $1,108/mo, and a $685/mo payment keeps the spread at $179/mo. Purchase price stands at $140,000, and rental yield measures 9.5% with $1,108/mo rent. Return on cash invested shows 24.54% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 128.35% and total cumulative return in cash records $59,566. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,108/mo property income covering a $685/mo payment rather than investor’s personal income.
Manufactured
Built in 1978
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33860, Mulberry, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,480 (100%) |
| Owner Occupied HU | 6,718 (70.9%) |
| Renter Occupied HU | 2,110 (22.3%) |
| Vacant Housing Units | 652 ( 6.9%) |
| Median Home Value | $267,254 |
| Average Home Value | $277,206 |
Housing Distribution
Address Breakdown
Residential
9,115
Single Family
8,823
Multi-Family
292
Businesses
474
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