331 Melbourn DrHaines CityFL33844
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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 Haines City at 331 Melbourn Dr, Haines City, FL, 33844 uses $60,963 cash to close to unlock $9,561/yr annual cash flow and $797/mo monthly cash flow. Total monthly income runs $2,017/mo, and a $900/mo payment keeps the spread at $797/mo. Purchase price stands at $183,900, and rental yield measures 13.16% with $2,017/mo rent. Return on cash invested shows 35.59% in year one, and 5% annual appreciation builds toward $50,808 over five years. Five-year ROI reaches 187.56% and total cumulative return in cash records $114,341. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,017/mo property income covering a $900/mo payment rather than investor’s personal income.
Manufactured
Built in 1991
4,482 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33844, Haines City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,433 (100%) |
| Owner Occupied HU | 16,617 (65.3%) |
| Renter Occupied HU | 4,501 (17.7%) |
| Vacant Housing Units | 4,315 (17.0%) |
| Median Home Value | $312,704 |
| Average Home Value | $336,142 |
Housing Distribution
Address Breakdown
Residential
22,302
Single Family
21,043
Multi-Family
1,259
Businesses
771
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Listed by: Anita Love • SWEETWATER RESALES
Mls Name: Stellar MLS
Mls ID: #L4954234