24 Flamingo BlvdWinter HavenFL33880
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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 Winter Haven at 24 Flamingo Blvd, Winter Haven, FL, 33880 uses $79,560 cash to close to unlock $4,188/yr annual cash flow and $349/mo monthly cash flow. Total monthly income runs $1,942/mo, and a $1,175/mo payment keeps the spread at $349/mo. Purchase price stands at $240,000, and rental yield measures 9.71% with $1,942/mo rent. Return on cash invested shows 25.17% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 131.63% and total cumulative return in cash records $104,726. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,942/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Manufactured
Built in 1973
5,968 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33880, Winter Haven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,566 (100%) |
| Owner Occupied HU | 11,323 (61.0%) |
| Renter Occupied HU | 5,760 (31.0%) |
| Vacant Housing Units | 1,483 ( 8.0%) |
| Median Home Value | $311,728 |
| Average Home Value | $363,093 |
Housing Distribution
Address Breakdown
Residential
17,386
Single Family
15,032
Multi-Family
2,354
Businesses
1,341
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Listed by: Cheryl Roda-Wu • CENTURY 21 BE3
Mls Name: Stellar MLS
Mls ID: #O6363511