4970 Magnolia Ave, Mulberry, FL, 33860 | 5.46% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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4970 Magnolia Ave, Mulberry, FL, 33860 | 5.46% Rental Yield | Ziffy

For Sale

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

Rental property for sale in Mulberry at 4970 Magnolia Ave, Mulberry, FL, 33860 generates $1,320/mo in rent, after a $1,419/mo payment. Total monthly income is $1,320/mo. Return on cash invested sits at 12.37% in year one, and rental yield is 5.46% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 62.99% and total cumulative return in cash sums $60,556. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,320/mo property income rather than buyer’s personal income.

Single Family

Built in 1920

0.93 Acres lot

$N/A/sqft

No HOA

More details about the property

CHARMING 1920'S FARMHOUSE...Discover your dream home in this beautifully renovated farmhouse nestled on almost 1 acre perfect for those seeking space and serenity with no HOA restrictions. This 2 Bedroom/2 Bath home with a bonus room that could be used as a 3rd Bedroom is a gem that features high ceilings and an abundance of natural light streaming through the windows, creating a warm and inviting atmosphere. Enjoy the elegance of new luxury laminate flooring throughout. The split floor plan offers privacy and comfort, with two spacious bedrooms, bonus room and enclosed porch that could be used as an office for remote work or study, and two beautifully appointed bathrooms. The heart of the home is the modern kitchen, complete with granite countertops, high-end finishes. Step outside to the large covered and screened back porch, the perfect spot to relax and enjoy the beauty of the outdoors. Additional highlights include indoor laundry room. There's plenty of room for your pets and/or farm animals along with all your outdoor toys. Dont miss the opportunity to own this exquisite home that perfectly balances modern elegance with functional living. Schedule your showing today!

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