260 Old Highway 17Pomona ParkFL32181
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 Pomona Park at 260 Old Highway 17, Pomona Park, FL, 32181 offers a 8.06% rental yield on a $199,000 purchase with $1,336/mo rent. Total monthly income registers $1,336/mo, and a $974/mo payment leaves $15/mo available for distribution. Annual cash flow reaches $185/yr on $65,969 to close, and return on cash invested stands at 20.19% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 104.97% and total cumulative return in cash at $69,246. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,336/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32181, Pomona Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,454 (100%) |
| Owner Occupied HU | 909 (62.5%) |
| Renter Occupied HU | 182 (12.5%) |
| Vacant Housing Units | 363 (25.0%) |
| Median Home Value | $199,519 |
| Average Home Value | $294,268 |
Housing Distribution
Address Breakdown
Residential
1,144
Single Family
1,144
Multi-Family
0
Businesses
47
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Listed by: Fernando Lima • Partnership Realty Inc.
Mls Name: MIAMI
Mls ID: #A11877211