366 Gracie Ave NFrostproofFL33843
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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 Frostproof at 366 Gracie Ave N, Frostproof, FL, 33843 with 5% annual appreciation on a $145,000 basis while $1,118/mo rent supports operations. Total monthly income totals $1,118/mo and a $710/mo payment preserves $155/mo for cash returns. Annual cash flow comes to $1,866/yr on $48,068 deployed, and return on cash invested reaches 23.79% in year one. Equity gained on principal adds $936/yr, and five-year appreciation sums $40,061 alongside rental yield of 9.25%. Five-year ROI measures 124.32% and total cumulative return in cash totals $59,756.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,118/mo property income versus a $710/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1993
3,006 sqft 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: Robin Coleman • EXP REALTY LLC
Mls Name: Stellar MLS
Mls ID: #TB8439212