2233 Van Horne AveLoridaFL33857
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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 Lorida at 2233 Van Horne Ave, Lorida, FL, 33857 uses $53,040 cash to close to unlock $5,488/yr annual cash flow and $457/mo monthly cash flow. Total monthly income runs $1,519/mo, and a $783/mo payment keeps the spread at $457/mo. Purchase price stands at $160,000, and rental yield measures 11.39% with $1,519/mo rent. Return on cash invested shows 30.26% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 158.96% and total cumulative return in cash records $84,314. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,519/mo property income covering a $783/mo payment rather than investor’s personal income.
Manufactured
Built in 1979
4.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33857, Lorida, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,391 (100%) |
| Owner Occupied HU | 716 (51.5%) |
| Renter Occupied HU | 129 ( 9.3%) |
| Vacant Housing Units | 546 (39.3%) |
| Median Home Value | $230,208 |
| Average Home Value | $267,402 |
Housing Distribution
Address Breakdown
Residential
845
Single Family
845
Multi-Family
0
Businesses
33
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