290 Alpine Dr #290Winter HavenFL33881
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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 Winter Haven at 290 Alpine Dr #290, Winter Haven, FL, 33881 uses $44,719 cash to close to unlock $1,849/yr annual cash flow and $154/mo monthly cash flow. Total monthly income runs $1,049/mo, and a $660/mo payment keeps the spread at $154/mo. Purchase price stands at $134,900, and rental yield measures 9.33% with $1,049/mo rent. Return on cash invested shows 24.04% in year one, and 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 125.73% and total cumulative return in cash records $56,225. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,049/mo property income covering a $660/mo payment rather than investor’s personal income.
Manufactured
Built in 1981
1,440 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33881, Winter Haven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,487 (100%) |
| Owner Occupied HU | 11,896 (61.0%) |
| Renter Occupied HU | 5,104 (26.2%) |
| Vacant Housing Units | 2,487 (12.8%) |
| Median Home Value | $242,590 |
| Average Home Value | $269,782 |
Housing Distribution
Address Breakdown
Residential
18,922
Single Family
17,184
Multi-Family
1,738
Businesses
828
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Listed by: Jennifer Meyers • CRF Communities
Mls Name: My State MLS
Mls ID: #11543274