2692 NE Highway 70 #38ArcadiaFL34266
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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 Arcadia at 2692 NE Highway 70 #38, Arcadia, FL, 34266 offers a 9.25% rental yield on a $115,000 purchase with $886/mo rent. Total monthly income registers $886/mo, and a $563/mo payment leaves $123/mo available for distribution. Annual cash flow reaches $1,473/yr on $38,123 to close, and return on cash invested stands at 23.77% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 124.17% and total cumulative return in cash at $47,337. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $886/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34266, Arcadia, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,790 (100%) |
| Owner Occupied HU | 7,274 (56.9%) |
| Renter Occupied HU | 2,978 (23.3%) |
| Vacant Housing Units | 2,538 (19.8%) |
| Median Home Value | $167,667 |
| Average Home Value | $268,813 |
Housing Distribution
Address Breakdown
Residential
9,781
Single Family
8,814
Multi-Family
967
Businesses
611
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