2490 S Lake Letta DrAvon ParkFL33825
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Avon Park at 2490 S Lake Letta Dr, Avon Park, FL, 33825 at $260,600 posts ROI 24.95% with $363/mo cash flow from $2,137/mo rent. Total monthly income equals $2,137/mo, and annual cash flow records $4,351/yr on $86,389 to close. Return on cash invested measures 24.95% and rental yield reads 9.84% at the current $260,600. Equity gained on principal adds $1,682/yr, and 5% annual appreciation supports $71,999 by year five. Five-year ROI prints 130.67% and total cumulative return in cash totals $112,886.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,137/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33825, Avon Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,953 (100%) |
| Owner Occupied HU | 7,707 (59.5%) |
| Renter Occupied HU | 2,567 (19.8%) |
| Vacant Housing Units | 2,679 (20.7%) |
| Median Home Value | $207,045 |
| Average Home Value | $261,276 |
Housing Distribution
Address Breakdown
Residential
10,879
Single Family
10,748
Multi-Family
131
Businesses
489
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