3886 Covington DrSaint CloudFL34772
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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 Saint Cloud at 3886 Covington Dr, Saint Cloud, FL, 34772 uses $38,123 cash to close to unlock $1,533/yr annual cash flow and $128/mo monthly cash flow. Total monthly income runs $891/mo, and a $563/mo payment keeps the spread at $128/mo. Purchase price stands at $115,000, and rental yield measures 9.3% with $891/mo rent. Return on cash invested shows 23.93% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 124.99% and total cumulative return in cash records $47,649. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $891/mo property income covering a $563/mo payment rather than investor’s personal income.
Manufactured
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34772, Saint Cloud, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,794 (100%) |
| Owner Occupied HU | 12,136 (82.0%) |
| Renter Occupied HU | 1,725 (11.7%) |
| Vacant Housing Units | 933 ( 6.3%) |
| Median Home Value | $438,275 |
| Average Home Value | $470,283 |
Housing Distribution
Address Breakdown
Residential
14,009
Single Family
12,674
Multi-Family
1,335
Businesses
158
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Listed by: Adriana Cardenas Pllc • Weichert Realtors Hallmark Properties
Mls Name: NY State MLS
Mls ID: #11603281