227 McKean 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 227 McKean St, Auburndale, FL, 33823 with 5% annual appreciation on a $220,000 basis while $1,960/mo rent supports operations. Total monthly income totals $1,960/mo and a $1,077/mo payment preserves $500/mo for cash returns. Annual cash flow comes to $5,998/yr on $72,930 deployed, and return on cash invested reaches 28.13% in year one. Equity gained on principal adds $1,420/yr, and five-year appreciation sums $60,782 alongside rental yield of 10.69%. Five-year ROI measures 147.54% and total cumulative return in cash totals $107,603.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,960/mo property income versus a $1,077/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
8,154 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: Glenda Dexter • DEXTER REALTY GROUP
Mls Name: Stellar MLS
Mls ID: #TB8419373