228 Illinois AveWauchulaFL33873
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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
Total monthly income runs $1,869/mo, and a $1,321/mo payment. Purchase price stands at $269,900, and rental yield measures 8.31% with $1,869/mo rent. Return on cash invested shows 19.43% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 101.44% and total cumulative return in cash records $90,762. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,869/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Single Family
Built in 1954
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33873, Wauchula, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,609 (100%) |
| Owner Occupied HU | 3,226 (57.5%) |
| Renter Occupied HU | 1,606 (28.6%) |
| Vacant Housing Units | 777 (13.9%) |
| Median Home Value | $232,207 |
| Average Home Value | $277,334 |
Housing Distribution
Address Breakdown
Residential
4,669
Single Family
4,290
Multi-Family
379
Businesses
568
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