38 Flamingo BlvdWinter HavenFL33880
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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 Winter Haven at 38 Flamingo Blvd, Winter Haven, FL, 33880 generates $1,524/mo in rent and, after a $1,077/mo payment, leaves $64/mo in cash flow. Total monthly income is $1,524/mo, and annual cash flow is $766/yr on $72,930 invested. Return on cash invested sits at 20.96% in year one, and rental yield is 8.31% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 109.07% and total cumulative return in cash sums $79,547. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,524/mo property income rather than buyer’s personal income.
Manufactured
Built in 1982
6,172 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33880, Winter Haven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,566 (100%) |
| Owner Occupied HU | 11,323 (61.0%) |
| Renter Occupied HU | 5,760 (31.0%) |
| Vacant Housing Units | 1,483 ( 8.0%) |
| Median Home Value | $311,728 |
| Average Home Value | $363,093 |
Housing Distribution
Address Breakdown
Residential
17,386
Single Family
15,032
Multi-Family
2,354
Businesses
1,341
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Listed by: Daniela Larin • SANTIAGO & VAZQUEZ REAL ESTATE LLC
Mls Name: Stellar MLS
Mls ID: #S5136641