3416 Chinotto DrLake AlfredFL33850
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lake Alfred at 3416 Chinotto Dr, Lake Alfred, FL, 33850 offers a 9.86% rental yield on a $331,900 purchase with $2,728/mo rent. Total monthly income registers $2,728/mo, and a $1,624/mo payment leaves $526/mo available for distribution. Annual cash flow reaches $6,311/yr on $110,025 to close, and return on cash invested stands at 25.65% in year one. Equity gained on principal adds $2,142/yr while 5% annual appreciation supports $91,698 over five years. Portfolio math shows five-year ROI at 134.17% and total cumulative return in cash at $147,619. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,728/mo property income against a $1,624/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33850, Lake Alfred, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,076 (100%) |
| Owner Occupied HU | 3,644 (71.8%) |
| Renter Occupied HU | 843 (16.6%) |
| Vacant Housing Units | 589 (11.6%) |
| Median Home Value | $276,374 |
| Average Home Value | $301,478 |
Housing Distribution
Address Breakdown
Residential
4,175
Single Family
3,832
Multi-Family
343
Businesses
239
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Listed by: N/A • N/A
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A