504 2nd StPolk CityFL33868
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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
Investment Highlights
Investment property for sale in Polk City at 504 2nd St, Polk City, FL, 33868 with 5% annual appreciation on a $204,500 basis while $1,962/mo rent supports operations. Total monthly income totals $1,962/mo and a $1,001/mo payment preserves $605/mo for cash returns. Annual cash flow comes to $7,258/yr on $67,792 deployed, and return on cash invested reaches 30.62% in year one. Equity gained on principal adds $1,320/yr, and five-year appreciation sums $56,500 alongside rental yield of 11.51%. Five-year ROI measures 160.84% and total cumulative return in cash totals $109,037.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,962/mo property income versus a $1,001/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1990
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33868, Polk City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,455 (100%) |
| Owner Occupied HU | 4,110 (75.3%) |
| Renter Occupied HU | 673 (12.3%) |
| Vacant Housing Units | 672 (12.3%) |
| Median Home Value | $285,309 |
| Average Home Value | $334,063 |
Housing Distribution
Address Breakdown
Residential
5,227
Single Family
5,198
Multi-Family
29
Businesses
190
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Listed by: Ron Denney • LAND SOUTH REALTY, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #B4901789
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