2206 Wyandotte AveAlvaFL33920
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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 Alva at 2206 Wyandotte Ave, Alva, FL, 33920 uses $53,703 cash to close to unlock $16,054/yr annual cash flow and $1,338/mo monthly cash flow. Total monthly income runs $2,413/mo, and a $793/mo payment keeps the spread at $1,338/mo. Purchase price stands at $162,000, and rental yield measures 17.87% with $2,413/mo rent. Return on cash invested shows 49.8% in year one, and 5% annual appreciation builds toward $44,758 over five years. Five-year ROI reaches 263.73% and total cumulative return in cash records $141,629. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,413/mo property income covering a $793/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.25 Acres 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
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Listed by: Madison Sharp • Nexthome South Pointe
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #225052091
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.