408 River Bed CtWimaumaFL33598
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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 Wimauma at 408 River Bed Ct, Wimauma, FL, 33598 offers $2,830/mo rent that, after a $2,445/mo payment. Total monthly income is $2,830/mo. Return on cash invested measures 16.39% in year one, and rental yield stands at 6.8% at a $499,500 entry. Equity gained on principal adds $3,223/yr while 5% annual appreciation compounds into $138,003 by year five. Five-year ROI records 84.61% and total cumulative return in cash reaches $140,095. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,830/mo property income versus a $2,445/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33598, Wimauma, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,235 (100%) |
| Owner Occupied HU | 10,593 (80.0%) |
| Renter Occupied HU | 1,426 (10.8%) |
| Vacant Housing Units | 1,216 ( 9.2%) |
| Median Home Value | $428,318 |
| Average Home Value | $463,104 |
Housing Distribution
Address Breakdown
Residential
11,513
Single Family
10,659
Multi-Family
854
Businesses
180
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