251 Patterson Rd LOT G21Haines CityFL33844
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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 Haines City at 251 Patterson Rd LOT G21, Haines City, FL, 33844 generates $1,495/mo in rent and, after a $587/mo payment, leaves $699/mo in cash flow. Total monthly income is $1,495/mo, and annual cash flow is $8,390/yr on $39,747 invested. Return on cash invested sits at 41.02% in year one, and rental yield is 14.96% on a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 216.74% and total cumulative return in cash sums $86,148. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,495/mo property income rather than buyer’s personal income.
Manufactured
Built in 1985
3,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33844, Haines City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,433 (100%) |
| Owner Occupied HU | 16,617 (65.3%) |
| Renter Occupied HU | 4,501 (17.7%) |
| Vacant Housing Units | 4,315 (17.0%) |
| Median Home Value | $312,704 |
| Average Home Value | $336,142 |
Housing Distribution
Address Breakdown
Residential
22,302
Single Family
21,043
Multi-Family
1,259
Businesses
771
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Listed by: Laisa Santiago • KEY CLASSIC REALTY LLC
Mls Name: Stellar MLS
Mls ID: #O6336858