412 Harmony LnFrostproofFL33843
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Nearby investment properties with comparable prices
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 Frostproof at 412 Harmony Ln, Frostproof, FL, 33843 offers $790/mo rent that, after a $514/mo payment, leaves $93/mo cash flow. Total monthly income is $790/mo, and annual cash flow is $1,117/yr on $34,808 cash. Return on cash invested measures 23.12% in year one, and rental yield stands at 9.03% at a $105,000 entry. Equity gained on principal adds $678/yr while 5% annual appreciation compounds into $29,010 by year five. Five-year ROI records 120.81% and total cumulative return in cash reaches $42,050. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $790/mo property income versus a $514/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33843, Frostproof, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,323 (100%) |
| Owner Occupied HU | 3,555 (56.2%) |
| Renter Occupied HU | 1,006 (15.9%) |
| Vacant Housing Units | 1,762 (27.9%) |
| Median Home Value | $151,901 |
| Average Home Value | $217,172 |
Housing Distribution
Address Breakdown
Residential
5,755
Single Family
5,504
Multi-Family
251
Businesses
267
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Listed by: Kayla Vawter • Whispering Pines
Mls Name: My State MLS
Mls ID: #11605355