3913 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 3913 Covington Dr, Saint Cloud, FL, 34772 offers a 9.24% rental yield on a $155,000 purchase with $1,194/mo rent. Total monthly income registers $1,194/mo, and a $759/mo payment leaves $165/mo available for distribution. Annual cash flow reaches $1,980/yr on $51,383 to close, and return on cash invested stands at 23.76% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 124.21% and total cumulative return in cash at $63,820. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,194/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2021
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: #11432795