401 Sparkman RdPlant CityFL33566
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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 Plant City at 401 Sparkman Rd, Plant City, FL, 33566 generates $2,454/mo in rent and, after a $1,561/mo payment, leaves $337/mo in cash flow. Total monthly income is $2,454/mo, and annual cash flow is $4,049/yr on $105,749 invested. Return on cash invested sits at 23.74% in year one, and rental yield is 9.23% on a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 123.99% and total cumulative return in cash sums $131,113. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,454/mo property income rather than buyer’s personal income.
Manufactured
Built in 1996
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33566, Plant City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,420 (100%) |
| Owner Occupied HU | 5,670 (67.3%) |
| Renter Occupied HU | 2,275 (27.0%) |
| Vacant Housing Units | 475 ( 5.6%) |
| Median Home Value | $401,425 |
| Average Home Value | $421,644 |
Housing Distribution
Address Breakdown
Residential
8,092
Single Family
7,384
Multi-Family
708
Businesses
388
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Listed by: Marvin Gordon • SUN BAY REALTY,LLC
Mls Name: Stellar MLS
Mls ID: #TB8450804