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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Mulberry at 503 SE 3rd St, Mulberry, FL, 33860 generates $2,519/mo in rent and, after a $1,468/mo payment, leaves $529/mo in cash flow. Total monthly income is $2,519/mo, and annual cash flow is $6,342/yr on $99,448 invested. Return on cash invested sits at 26.29% in year one, and rental yield is 10.08% on a $299,995 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,883 over five years. Five-year ROI reaches 137.64% and total cumulative return in cash sums $136,882. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,519/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33860, Mulberry, FL area.
| 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 |
Residential
9,115
Single Family
8,823
Multi-Family
292
Businesses
474
Date | Event | Price |
|---|---|---|
| 2025-01-23 | Price change | $299,995 |
| 2025-01-19 | Price change | $300,000 |
| 2024-12-17 | Listed for sale | $320,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2017-02-13 | $1112.46 | 96.63% | $59,771 | 4.22% |
| 2016-02-13 | $565.76 | -0.33% | $57,352 | 3.04% |
| 2015-02-13 | $567.66 | -29.33% | $55,662 | 10.51% |
Listed by: Ike Fountain • FREEDOM REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #B4901788
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
