2846 Hammock 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
Rental property for sale in Plant City at 2846 Hammock Dr, Plant City, FL, 33566 generates $4,055/mo in rent and, after a $2,932/mo payment, leaves $80/mo in cash flow. Total monthly income is $4,055/mo, and annual cash flow is $957/yr on $197,071 invested. Return on cash invested sits at 20.55% in year one, and rental yield is 8.12% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 106.82% and total cumulative return in cash sums $210,502. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,055/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
0.46 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: Walter Givens, PA • LPT REALTY, LLC
Mls Name: Stellar MLS
Mls ID: #O6340131