2627 Myrtle AveMimsFL32754
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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
Rental property for sale in Mims at 2627 Myrtle Ave, Mims, FL, 32754 priced at $192,500 pairs $1,485/mo rent with $208/mo cash flow after a $942/mo payment. Total monthly income equals $1,485/mo, and annual cash flow comes to $2,493/yr on $63,814 invested. Return on cash invested is 23.82% in year one, and rental yield stands at 9.26% on a $192,500 basis. Equity gained on principal adds $1,242/yr, and 5% annual appreciation accumulates to $53,184 by year five. Five-year ROI measures 124.38% and total cumulative return in cash reaches $79,373. For financing, Ziffy Mortgage’s DSCR program evaluates $1,485/mo property income against a $942/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32754, Mims, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,013 (100%) |
| Owner Occupied HU | 4,667 (77.6%) |
| Renter Occupied HU | 658 (10.9%) |
| Vacant Housing Units | 688 (11.4%) |
| Median Home Value | $417,112 |
| Average Home Value | $437,945 |
Housing Distribution
Address Breakdown
Residential
5,800
Single Family
5,780
Multi-Family
20
Businesses
248
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