247 Hickory Ridge DrSebringFL33876
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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 Sebring at 247 Hickory Ridge Dr, Sebring, FL, 33876 priced at $230,000 pairs $2,108/mo rent with $581/mo cash flow after a $1,126/mo payment. Total monthly income equals $2,108/mo, and annual cash flow comes to $6,977/yr on $76,245 invested. Return on cash invested is 29.06% in year one, and rental yield stands at 11% on a $230,000 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,545 by year five. Five-year ROI measures 152.53% and total cumulative return in cash reaches $116,299. For financing, Ziffy Mortgage’s DSCR program evaluates $2,108/mo property income against a $1,126/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1988
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33876, Sebring, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,066 (100%) |
| Owner Occupied HU | 2,011 (65.6%) |
| Renter Occupied HU | 396 (12.9%) |
| Vacant Housing Units | 659 (21.5%) |
| Median Home Value | $217,755 |
| Average Home Value | $232,383 |
Housing Distribution
Address Breakdown
Residential
2,984
Single Family
2,920
Multi-Family
64
Businesses
152
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