300 Dr Martin Luther King Jr Ave SEMulberryFL33860
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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 Mulberry at 300 Dr Martin Luther King Jr Ave SE, Mulberry, FL, 33860 listed at $235,755 pairs $3,248/mo rent with a $1,154/mo payment to leave $1,683/mo cash flow. Total monthly income runs $3,248/mo, and annual cash flow reaches $20,201/yr on $78,153 cash to close. Return on cash invested measures 45.76% in year one, and rental yield registers 16.53% at a $235,755 basis. Equity gained on principal adds $1,521/yr, and annual property appreciation at 5% supports $65,135 by year five. Five-year ROI tracks 242.07% and total cumulative return in cash totals $189,182. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,248/mo property income relative to a $1,154/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1915
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33860, Mulberry, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,115
Single Family
8,823
Multi-Family
292
Businesses
474
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Listed by: Melissa McIntee • LA ROSA REALTY PRESTIGE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #P4930444
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