2287 Summersweet DrAlvaFL33920
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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
Rental property for sale in Alva at 2287 Summersweet Dr, Alva, FL, 33920 generates $2,348/mo in rent and, after a $1,542/mo payment, leaves $257/mo in cash flow. Total monthly income is $2,348/mo, and annual cash flow is $3,088/yr on $104,423 invested. Return on cash invested sits at 22.87% in year one, and rental yield is 8.94% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 119.3% and total cumulative return in cash sums $124,577. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,348/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
5,880 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
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