2803 Spring Meadow DrPlant 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 2803 Spring Meadow Dr, Plant City, FL, 33566 offers a 7.65% rental yield on a $494,900 purchase with $3,156/mo rent. 97% in year one. Equity gained on principal adds $3,194/yr while 5% annual appreciation supports $136,732 over five years. Portfolio math shows five-year ROI at 98.43% and total cumulative return in cash at $161,487. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,156/mo property income against a $2,422/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.45 Acres 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: Jill Dorsett • TRIBUTE REALTY LLC
Mls Name: Stellar MLS
Mls ID: #L4956411