216 Pike 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 216 Pike St, Auburndale, FL, 33823 at $194,750 posts ROI 48.99% with $1,565/mo cash flow from $2,857/mo rent. Total monthly income equals $2,857/mo, and annual cash flow records $18,778/yr on $64,560 to close. Return on cash invested measures 48.99% and rental yield reads 17.6% at the current $194,750. Equity gained on principal adds $1,257/yr, and 5% annual appreciation supports $53,806 by year five. Five-year ROI prints 259.39% and total cumulative return in cash totals $167,464.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,857/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
7,484 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: Dwight Head • ALLSTATE REALTY SERVICES
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #P4932023
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. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511