374 N Gracie AveFrostproofFL33843
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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 374 N Gracie Ave, Frostproof, FL, 33843 priced at $145,900 converts $1,103/mo rent into after a $714/mo obligation. Total monthly income equals $1,103/mo. Return on cash invested prints 19.51% in year one, and rental yield reads 9.07% against a $145,900 entry. Equity gained on principal adds $941/yr, while 5% annual appreciation compiles into $40,309 by year five. Five-year ROI reaches 102.67% and total cumulative return in cash sums $49,659. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,103/mo property income covering a $714/mo payment, not borrower’s personal income.
Manufactured
Built in 1996
3,006 sqft lot
$N/A/sqft
$151 monthly 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: Sue Eisenhart • KEYSTONE REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #K4902741
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511