2692 NE Highway 70 #477ArcadiaFL34266
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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 #477, Arcadia, FL, 34266 uses $44,753 cash to close to unlock $1,558/yr annual cash flow and $130/mo monthly cash flow. Total monthly income runs $1,026/mo, and a $661/mo payment keeps the spread at $130/mo. Purchase price stands at $135,000, and rental yield measures 9.12% with $1,026/mo rent. Return on cash invested shows 23.39% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 122.11% and total cumulative return in cash records $54,649. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,026/mo property income covering a $661/mo payment rather than investor’s personal income.
Manufactured
Built in 2006
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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