2173 Summersweet DrAlvaFL33920
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Alva at 2173 Summersweet Dr, Alva, FL, 33920 earns $42/mo cash flow from $2,000/mo rent with a $1,444/mo payment. Total monthly income totals $2,000/mo, and annual cash flow totals $507/yr on $97,793 capital. ROI tracks 20.43% on current figures, and rental yield reads 8.14% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 106.23% and total cumulative return in cash sums $103,886. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,000/mo property income instead of your personal income.
Single Family
Built in 2017
5,819 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33920, Alva, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,574 (100%) |
| Owner Occupied HU | 2,800 (78.3%) |
| Renter Occupied HU | 342 ( 9.6%) |
| Vacant Housing Units | 432 (12.1%) |
| Median Home Value | $518,293 |
| Average Home Value | $634,313 |
Housing Distribution
Address Breakdown
Residential
4,026
Single Family
3,831
Multi-Family
195
Businesses
167
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices