35 Garcia LnFrostproofFL33843
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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
Rental property for sale in Frostproof at 35 Garcia Ln, Frostproof, FL, 33843 priced at $299,000 converts $1,867/mo rent into after a $1,463/mo obligation. Total monthly income equals $1,867/mo. Return on cash invested prints 18.5% in year one, and rental yield reads 7.49% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 95.87% and total cumulative return in cash sums $95,026. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,867/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Manufactured
Built in 2020
8.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33843, Frostproof, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,323 (100%) |
| Owner Occupied HU | 3,555 (56.2%) |
| Renter Occupied HU | 1,006 (15.9%) |
| Vacant Housing Units | 1,762 (27.9%) |
| Median Home Value | $151,901 |
| Average Home Value | $217,172 |
Housing Distribution
Address Breakdown
Residential
5,755
Single Family
5,504
Multi-Family
251
Businesses
267
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Listed by: Charles Flesher • Home Town Realty Pros
Mls Name: HFMLS
Mls ID: #309846