240 Lake Thomas DrWinter 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
Rental property for sale in Winter Haven at 240 Lake Thomas Dr, Winter Haven, FL, 33880 priced at $220,000 pairs $2,094/mo rent with $634/mo cash flow after a $1,077/mo payment. Total monthly income equals $2,094/mo, and annual cash flow comes to $7,606/yr on $72,930 invested. Return on cash invested is 30.34% in year one, and rental yield stands at 11.42% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 159.36% and total cumulative return in cash reaches $116,219. For financing, Ziffy Mortgage’s DSCR program evaluates $2,094/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1984
10,346 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: Gavin Welch • GUARANTEE REALTY LLC
Mls Name: Stellar MLS
Mls ID: #L4953708