4861 Myrtle View Dr N, Mulberry, FL, 33860 | $671/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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4861 Myrtle View Dr N, Mulberry, FL, 33860 | $671/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Mulberry at 4861 Myrtle View Dr N, Mulberry, FL, 33860 uses $76,212 cash to close to unlock $8,047/yr annual cash flow and $671/mo monthly cash flow. Total monthly income runs $2,196/mo, and a $1,125/mo payment keeps the spread at $671/mo. Purchase price stands at $229,900, and rental yield measures 11.46% with $2,196/mo rent. Return on cash invested shows 30.47% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 160.07% and total cumulative return in cash records $121,991. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,196/mo property income covering a $1,125/mo payment rather than investor’s personal income.

Manufactured

Built in 1998

10,716 sqft lot

$N/A/sqft

No HOA

More details about the property

One or more photo(s) has been virtually staged. Updated move in ready home with large fenced yard, 2 car garage, storage shed & also has a 1 year new roof replaced in 2024. You will fall in love with the master bathroom with a newer oversized soaking tub, newer quartz counter vanity with double sinks and a super fancy step in shower with radio, body jets and fans. The home has a split bedroom plan with 2 living rooms (ideal for large families that need extra space) and the kitchen is the center of the home. The kitchen is large with a center island and pantry & all kitchen appliances are newer and included! The 2nd living room even has a wood burning fireplace. There is a separate laundry room with storage and a newer 2024 tankless water heater installed. You will also love the large back screened and covered patio overlooking the fenced yard, 2 car garage and storage shed. There is a small creek in the back of the property that is great for drainage during big rains. All of the bedrooms are oversized and have walk in closets which is always a bonus to have extra space. Well priced to sell quickly. Great location near major highways but in a quiet neighborhood. Able to park boats, trailers, RVs on your property. This home has been well taken care of and has a great layout and priced under its market value and other similar homes. This would pass FHA and VA inspections and also have newer skirting around the home. ASK ABOUT NO MONEY OUT OF POCKET FINANCING OPTIONS ... This home should be on your list to tour !

Neighborhood Data

Neighborhood data shown for ZIP Code: 33860, Mulberry, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,480 (100%)
Owner Occupied HU	6,718 (70.9%)
Renter Occupied HU	2,110 (22.3%)
Vacant Housing Units	652 ( 6.9%)
Median Home Value	$267,254
Average Home Value	$277,206