44 Kelly Ridge RdFrostproofFL33843
Nearby investment properties with comparable rents
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
Investment property for sale in Frostproof at 44 Kelly Ridge Rd, Frostproof, FL, 33843 offers a 8.61% rental yield on a $259,900 purchase with $1,865/mo rent. Total monthly income registers $1,865/mo, and a $1,272/mo payment leaves $140/mo available for distribution. Annual cash flow reaches $1,684/yr on $86,157 to close, and return on cash invested stands at 21.86% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 113.94% and total cumulative return in cash at $98,170. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,865/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2018
2.50 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Crystal Gail Harrison • RE/MAX REALTY PLUS
Mls Name: HFMLS
Mls ID: #316967
Disclaimer: Copyright Heartland Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.