357 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
Rental property for sale in Haines City at 357 Melbourn Dr, Haines City, FL, 33844 priced at $179,999 pairs $1,790/mo rent with $596/mo cash flow after a $881/mo payment. Total monthly income equals $1,790/mo, and annual cash flow comes to $7,146/yr on $59,670 invested. Return on cash invested is 31.88% in year one, and rental yield stands at 11.93% on a $179,999 basis. Equity gained on principal adds $1,162/yr, and 5% annual appreciation accumulates to $49,730 by year five. Five-year ROI measures 167.69% and total cumulative return in cash reaches $100,060. For financing, Ziffy Mortgage’s DSCR program evaluates $1,790/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1989
4,330 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: Sanda Andrews • GOOD COMPANY REALTY INC.
Mls Name: Stellar MLS
Mls ID: #P4934687