2628 Fletcher AveEaton ParkFL33840
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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
Investment property for sale in Eaton Park at 2628 Fletcher Ave, Eaton Park, FL, 33840 listed at $229,990 pairs $2,210/mo rent with a $1,126/mo payment to leave $683/mo cash flow. Total monthly income runs $2,210/mo, and annual cash flow reaches $8,201/yr on $76,242 cash to close. Return on cash invested measures 30.67% in year one, and rental yield registers 11.53% at a $229,990 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,542 by year five. Five-year ROI tracks 161.13% and total cumulative return in cash totals $122,848. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,210/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33840, Eaton Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 190 (100%) |
| Owner Occupied HU | 84 (44.2%) |
| Renter Occupied HU | 74 (38.9%) |
| Vacant Housing Units | 32 (16.8%) |
| Median Home Value | $137,500 |
| Average Home Value | $156,012 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
113
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Listed by: Oscar Allende Melendez • KELLER WILLIAMS LEGACY REALTY
Mls Name: Stellar MLS
Mls ID: #S5133149