2844 E Spinnaker DrAvon ParkFL33825
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Avon Park at 2844 E Spinnaker Dr, Avon Park, FL, 33825 priced at $122,000 pairs $943/mo rent with $134/mo cash flow after a $597/mo payment. Total monthly income equals $943/mo, and annual cash flow comes to $1,602/yr on $40,443 invested. Return on cash invested is 23.87% in year one, and rental yield stands at 9.28% on a $122,000 basis. Equity gained on principal adds $787/yr, and 5% annual appreciation accumulates to $33,706 by year five. Five-year ROI measures 124.74% and total cumulative return in cash reaches $50,447. For financing, Ziffy Mortgage’s DSCR program evaluates $943/mo property income against a $597/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33825, Avon Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,953 (100%) |
| Owner Occupied HU | 7,707 (59.5%) |
| Renter Occupied HU | 2,567 (19.8%) |
| Vacant Housing Units | 2,679 (20.7%) |
| Median Home Value | $207,045 |
| Average Home Value | $261,276 |
Housing Distribution
Address Breakdown
Residential
10,879
Single Family
10,748
Multi-Family
131
Businesses
489
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