3407 Illinois AveSebringFL33870
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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 Sebring at 3407 Illinois Ave, Sebring, FL, 33870 offers a 22.43% rental yield on a $118,000 purchase with $2,206/mo rent. Total monthly income registers $2,206/mo, and a $578/mo payment leaves $1,422/mo available for distribution. Annual cash flow reaches $17,070/yr on $39,117 to close, and return on cash invested stands at 63.55% in year one. Equity gained on principal adds $761/yr while 5% annual appreciation supports $32,601 over five years. Portfolio math shows five-year ROI at 337.49% and total cumulative return in cash at $132,015. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,206/mo property income against a $578/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1977
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33870, Sebring, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,358 (100%) |
| Owner Occupied HU | 7,793 (54.3%) |
| Renter Occupied HU | 3,433 (23.9%) |
| Vacant Housing Units | 3,132 (21.8%) |
| Median Home Value | $166,009 |
| Average Home Value | $206,210 |
Housing Distribution
Address Breakdown
Residential
12,659
Single Family
11,355
Multi-Family
1,304
Businesses
1,365
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