2974 Chapin PassOdessaFL33556
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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 Odessa at 2974 Chapin Pass, Odessa, FL, 33556 earns $736/mo cash flow from $4,618/mo rent with a $2,863/mo payment. Total monthly income totals $4,618/mo, and annual cash flow totals $8,833/yr on $192,465 capital. ROI tracks 24.65% on current figures, and rental yield reads 9.47% at a $585,000 purchase. Equity gained on principal adds $3,775/yr, and 5% annual appreciation supports $161,625 over five years. Five-year ROI reaches 128.84% and total cumulative return in cash sums $247,974. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,618/mo property income instead of your personal income.
Single Family
Built in 2016
5,491 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33556, Odessa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,814 (100%) |
| Owner Occupied HU | 11,715 (79.1%) |
| Renter Occupied HU | 1,911 (12.9%) |
| Vacant Housing Units | 1,188 ( 8.0%) |
| Median Home Value | $616,653 |
| Average Home Value | $692,848 |
Housing Distribution
Address Breakdown
Residential
14,720
Single Family
12,906
Multi-Family
1,814
Businesses
854
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