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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Mulberry at 285 Lemon St, Mulberry, FL, 33860 offers $2,293/mo rent that, after a $1,645/mo payment, leaves $63/mo cash flow. Total monthly income is $2,293/mo, and annual cash flow is $754/yr on $111,384 cash. Return on cash invested measures 20.59% in year one, and rental yield stands at 8.19% at a $336,000 entry. Equity gained on principal adds $2,168/yr while 5% annual appreciation compounds into $92,831 by year five. Five-year ROI records 107.04% and total cumulative return in cash reaches $119,230. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,293/mo property income versus a $1,645/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33860, Mulberry, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,480 (100%) |
| Owner Occupied HU | 6,718 (70.9%) |
| Renter Occupied HU | 2,110 (22.3%) |
| Vacant Housing Units | 652 ( 6.9%) |
| Median Home Value | $267,254 |
| Average Home Value | $277,206 |
Residential
9,115
Single Family
8,823
Multi-Family
292
Businesses
474
Date | Event | Price |
|---|---|---|
| 2025-01-29 | Listed for sale | $336,000 |
| 2024-12-17 | Listing removed | $330,000 |
| 2024-12-10 | Pending sale | $330,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $1162.80 | 13.55% | $153,014 | 8.04% |
| 2022-02-13 | $1024.02 | -40.40% | $141,629 | 18.32% |
| 2021-02-13 | $1718.21 | 436.81% | $119,700 | 154.06% |
Listed by: Rachel Hernandez • HARPER REALTY FL, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4948946
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
