410 Merit Oak DrPlant CityFL33563
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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 410 Merit Oak Dr, Plant City, FL, 33563 generates $917/mo in rent and, after a $562/mo payment, leaves $155/mo in cash flow. Total monthly income is $917/mo, and annual cash flow is $1,859/yr on $38,089 invested. Return on cash invested sits at 24.79% in year one, and rental yield is 9.58% on a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 129.58% and total cumulative return in cash sums $49,358. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $917/mo property income rather than buyer’s personal income.
Manufactured
Built in 1999
N/A lot
$N/A/sqft
No HOA
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Listed by: Glenn Garbowicz • McGrath Poppell & Company, Inc.
Mls Name: My State MLS
Mls ID: #11502150