2792 Golf Lake Dr #42Plant CityFL33566
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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 Plant City at 2792 Golf Lake Dr #42, Plant City, FL, 33566 listed at $340,000 pairs $2,824/mo rent with a $1,664/mo payment to leave $568/mo cash flow. Total monthly income runs $2,824/mo, and annual cash flow reaches $6,814/yr on $112,710 cash to close. Return on cash invested measures 25.95% in year one, and rental yield registers 9.97% at a $340,000 basis. Equity gained on principal adds $2,194/yr, and annual property appreciation at 5% supports $93,936 by year five. Five-year ROI tracks 135.85% and total cumulative return in cash totals $153,114. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,824/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1999
3,387 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33566, Plant City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,420 (100%) |
| Owner Occupied HU | 5,670 (67.3%) |
| Renter Occupied HU | 2,275 (27.0%) |
| Vacant Housing Units | 475 ( 5.6%) |
| Median Home Value | $401,425 |
| Average Home Value | $421,644 |
Housing Distribution
Address Breakdown
Residential
8,092
Single Family
7,384
Multi-Family
708
Businesses
388
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Listed by: Sandi McGlathery • JASON MITCHELL REAL ESTATE FLO
Mls Name: Stellar MLS
Mls ID: #TB8451257